This year, Alberta’s Canadian Agricultural Partnership (CAP) funding will focus on investment in agriculture and food processing.
Through changes, the program will encourage innovation and technological advancement on farms and throughout the entire food supply chain.
CAP is a five-year $3-billion investment by federal, provincial and territorial governments to strengthen the agriculture, agri-food and agri-based products sector.
This includes up to $2 billion for programs cost-shared by the federal and provincial/territorial governments that are designed and delivered by provinces and territories.
In Alberta, the partnership is worth $406 million over the five years towards strategic programs and services that align with priorities in the province.
“CAP grants have increased our farmers’, ranchers’ and producers’ competitiveness and this will continue going forward.
“Value-added processing is so important to the industry and a simplified grant process will help us attract private investment across Alberta and create jobs,” said Devin Dreeshen, Minister of Agriculture and Forestry.
In 2020-21, the program awarded 989 grants that aim to help farmers and businesses grow and innovate.
It is estimated that these grants have led to more than $150 million in investment and created more than 750 jobs in the agriculture and agri-food processing sector.
Alberta’s nine programs will be organized under three themes: Growth and Value-Added, Farm Efficiency and Public Trust.
New programs will start to roll out in summer 2021. Program information will be posted on Alberta’s Canadian Agricultural Partnership website.
Funding for the five-year $406-million partnership remains unchanged.