The dairy sector is an important contributor to Canada's economy. Canada's dairy sector drives our economy with nearly $24 billion in sales by farmers and food processors. Canada's dairy farmers' prosperity helps ensure Canadian families continue to benefit from high-quality products, and helps create good, well-paying jobs for Canadians.
Speaking today at the Dairy Farmers of Canada annual policy conference, Minister of Agriculture and Agri-Food Lawrence MacAulay, highlighted the importance of a strong and competitive dairy industry and provided participants an update on the Dairy Farm Investment Program (DFIP) – the $250 million federal program announced on August 1, 2017. The Minister announced that to date, over 500 dairy producers have been approved for funding support valued at over $23.5 million, in a wide array of projects from small investments in cow comfort equipment to large ones for automated milking systems.
Applications under the associated $100 million Dairy Processing Investment Fund are under review and projects under this program will be announced shortly.
Source : Agriculture and Agri-Food Canada