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P.E.I. receives record investment through new Sustainable Canadian Agricultural Partnership
September 11, 2023 By Greenhouse Canada
Sept. 11, 2023 – The Ministry of Agriculture and Agri-Food, and the Ministry of Agriculture for Prince Edward Island announced an investment of over $46 million into Prince Edward Island’s local agriculture industry under the new Sustainable Canadian Agricultural Partnership (Sustainable CAP).
Sustainable CAP is a new $3.5 billion, five year agreement, from April 1, 2023 until March 31, 2028, between federal, provincial and territorial governments to strengthen the agriculture, agri‐food and agri‐based products sector.
To further support Prince Edward Island’s agriculture industry, this cost-shared investment under Sustainable CAP represents a 25 per cent increase in program funding from the previous agreement.
Through federal and provincial investment, Sustainable CAP will fund over a dozen program streams that aim to support the competitiveness, innovation and resiliency of the agriculture industry.
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