Sustainable agriculture partnership will see $485M invested in Sask.: Province
A new federal/provincial deal will see a total of $485 million invested over the next five years to assist with sustainable agricultural projects in Saskatchewan.
The new Sustainable Canadian Agricultural Partnership (Sustainable CAP) is a five-year, $3.5 billion investment by federal, provincial and territorial governments to improve competitiveness, innovation and resilience to the nation’s agricultural sector, a news release explained.
“It’s a way forward as we look at food security and how we support it,” said Gudie Hutchings, federal minister of rural economic development, during a press conference in Regina on Monday.
Federal programs account for $1 billion of the funding, while the remaining $2.5 billion is through cost-shared programs and activities by all three levels of government.
In Saskatchewan, $89.4 million will go toward strategic programming for farmers, ranchers and agri-business annually.
“What it really means is we have the opportunity to grow the Ag sector even further in the province of Saskatchewan,” Saskatchewan's Minister of Agriculture, David Marit, told CTV News.
“We want to grow more product here, that’s our growth strategy. We also want to increase value-added processing here, but the big thing we want to do is make sure we’re doing it in a sustainable manner, too.”
Federal funding accounts for 60 per cent of the partnership while the province provides the remaining 40 per cent.
The province revealed that the funding would surround five key areas over the next five years.
These include:
- Building Sector Capacity, Growth and Competitiveness: $176.6 million investment to build the agriculture sector capacity, ensuring growth and competitive advantages.
- Climate Change and Environment: $53.4 million to support the long-term resiliency and sustainability of the sector.
- Resiliency and Public Trust: $40.2 million to support the sustainability of the sector by anticipating, mitigating and responding to risks while building public trust.
- Market Development and Trade: $2 million to assist industry in expanding domestic and international trade opportunities.
- Science, Research and Innovation: $175 million invested in research and development activities, enhancing the diversification and profitability of agriculture.
Additionally, $37.8 million will be allocated to support national activities such as AgriMarketing and AgriAssurance over the course of the partnership.
Marit said in the last year the province consulted stakeholders, including the Saskatchewan Cattlemen’s Association (SCA), to help fine tune the programs.
SCA CEO Grant McLellan said the group brought forward ways to improve the current farm and ranch water infrastructure program. The renewed Sustainable CAP expands that program and increses the cap from $50,000 to $75,000.
“[The expansion] is really huge for our producers,” McLellan said.
“In particular the last few years where we’ve been experiencing drought in large swaths of the province, access to clean, reliable water is a huge boon for our members and our producers because ultimately we have to get that good quality material into our animals to get that good quality protein back to the people here.”
The partnership also enhances programs aimed to improve soil health and water quality, according to the province.
An estimated $3 billion in support is expected over the lifespan of Sustainable Cap.
Applications are currently being accepted for programs under the partnership, which is expected to last until March 31, 2028.
CTVNews.ca Top Stories
Canadian drink company tastes controversy after Simu Liu raises cultural appropriation questions
Controversy bubbled for a Canadian drink company after its founders drew the ire of a Marvel superhero on an episode of a 'Shark Tank'-style reality series.
Bath and Body Works sorry for selling candles that shoppers say resembled KKK hoods
A major American retailer has stopped selling its new winter-themed candle over backlash from shoppers who said its design resembled Ku Klux Klan hoods.
Canadian comedian, talk show host Mike Bullard dead at 67
Canadian stand-up comedian and former talk show host Mike Bullard has died.
China deploys record 125 warplanes in large scale military drill in warning to Taiwan
China employed a record 125 aircraft, as well as its Liaoning aircraft carrier and ships, in large-scale military exercises surrounding Taiwan and its outlying islands Monday, simulating the sealing off of key ports in a move that underscores the tense situation in the Taiwan Strait, officials said.
Christopher Columbus was a Sephardic Jew from Western Europe, study finds
The 15th-century explorer Christopher Columbus was a Sephardic Jew from Western Europe, Spanish scientists said on Saturday, after using DNA analysis to tackle a centuries-old mystery.
Woman killed by malfunctioning ottoman bed
A 39-year-old British woman was killed when a malfunctioning ottoman bed fell on her neck and asphyxiated her, a coroner’s report said.
Thousands of kilometres from home, Justin Trudeau learns of dissension in his caucus
The free trade agreement with ASEAN is expected to be signed at the end of 2025. If Trudeau is pressured to step down, or if his government falls and loses the next election, Trudeau will not, as prime minister, be there to see the fruits of his labour.
Warmer than normal temperatures lead to duller fall colours in Ontario
An especially warm fall in Ontario means the province may not get the colourful array of fall foliage that usually transforms treetops this time of year.
3 in 4 Canadians show support for defence spending on new submarines, Nanos survey shows
Three in four Canadians support defence spending on new submarines, according to a new survey from Nanos Research and CTV News.