The federal government recently announced $4.4 million in funding to boost the Canadian cattle industry.
The money will be invested under Growing Forward 2 to support projects that help build the sectors’ competitiveness and ultimately boost Canadian economy. According to Kent Hehr, Minister of Sport and Persons with Disabilities, who made the announcement on behalf of Minister of Agriculture and Agri-Food, Lawrence MacAulay; "Our Government's targeted investments in these agricultural projects will help the sector build on its competitive strengths, leading to greater returns for our farmers and their families here in Alberta and across the country, and ensure continued growth of the middle class."
Half of the $4.4 million will be invested directly into four key projects that will assist in improvements in forage, breeding and animal care assessment. The funds will be allotted as follows;
- Alberta Beef Producers ($901,240)
- Canadian Cattlemen’s Association ($839,485)
- Canadian Angus Association ($225,000)
- National Cattle Feeders Association ($205,000)
The remaining $2.2 million will be dispersed among projects that focus on market development, emergency planning, competitive pricing, animal care assessments and farm software development.
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