Feds and province launch new Sustainable Canadian Agricultural Partnership
LETHBRIDGE, AB – A new $508 million partnership between the federal and provincial governments has been announced.
The Sustainable Canadian Agricultural Partnership (Sustainable CAP) will have funding over the next five years to support the needs of Alberta’s agriculture sector through grants.
Compared to the old program it is replacing, the governments say it is an increase of $500 million in cost-sharing across the country.
In total, the Sustainable CAP is a five-year, $3.5-billion investment by federal, provincial and territorial governments to support Canada’s agri-food and agri-products sectors. It has a total of $1 billion in federal programs and activities, as well as a $2.5-billion commitment through cost-sharing of 60 per cent federally and 40 per cent provincially/territorially for programs that are designed and delivered by provinces and territories.