The federal government has provided details of a 350 million dollar support program for dairy producers as Canada prepares to implement the Canada-European trade deal.
The five year, 250 million dollar Dairy Farm Investment program will provide up to 250 thousand dollars per licensed dairy farm to support upgrades to barn technology and equipment to improve productivity.
The program will support large investments, like the adoption of robotic milkers and feeding systems as well as small investments such as herd management and barn equipment.
The 100 million dollar Dairy Processing investment fund will provide up to 10 million dollars for each capital investment project, such as installing new equipment and infrastructure.
Or, the program will provide up to 250 thousand dollars for each project to access technical, managerial or business expertise.
For example, the program could support a cheesemaker’s investment in a new processing line that would allow increased production or introduce new varieties of cheese to the market.
The Canada-European deal is expected to improve market access for Canada’s farm exports like meats, grain, oilseeds, fruits, vegetables and processed products.