Agriculture and Aquaculture

Governments of Canada, New Brunswick invest in agriculture (10/05/10)

NB 697

May 10, 2010

MONCTON (CNB) - The federal and New Brunswick governments are investing $7.7 million to support innovation and opportunity for New Brunswick farmers.

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(Multimedia)

The announcement was made on Saturday, May 8, by Agriculture and Aquaculture Minister Ronald Ouellette and federal Agriculture and Agri-Food Minister Gerry Ritz.

"I am proud of the work that our two levels of government have accomplished for the benefit of the agriculture industry in New Brunswick," said Ouellette. "The funding announced today will further support the industry by assisting our farmers in addressing production efficiencies, capturing new opportunities and enhancing profitability. With our federal partner and the agricultural stakeholders of New Brunswick, we will continue to invest in our industry and address some of the targeted needs within the sector."

The $7.7-million, four-year Canada/New Brunswick Agriculture Futures Initiative will expand agriculture in the province with new crops, processing technologies, lower production costs and a focus on new products geared to health and non-food uses.

"We know that farmers are key to Canada's economic recovery, and we are proud to partner with New Brunswick to strengthen agriculture in this province," said Ritz. "This initiative will create more profitable farms and a thriving agricultural sector built on innovation."

The federal investment, under the AgriFlexibility fund, part of Canada's Economic Action Plan, totals $4.62 million. The Government of New Brunswick is investing $3.08 million. The funding will go toward the following five programs:

"Through this announcement, we are reaffirming the commitment of both levels of government to support continued growth in the agriculture sector; this is essential as New Brunswick moves toward self-sufficiency," said Business New Brunswick Minister Victor Boudreau, who is also the minister responsible for the Regional Development Corporation.

Funding is subject to the project meeting all eligibility requirements and the signing of a contribution agreement.

"This announcement reflects how our government is working hard to help farmers remain competitive," said Rob Moore, minister of state for small business and tourism. "These programs will help open new markets and increase prosperity for the agriculture industry in our community and across the province."

Through Canada's Economic Action Plan, the federal government is helping farmers find new markets, adapt to current economic challenges and make their businesses more efficient and environmentally sustainable.

10/05/10

MEDIA CONTACTS: Bruce Melanson, communications, Department of Agriculture and Aquaculture, 506-462-5042; Media relations, Agriculture and Agri-Food Canada, 613-773-7972 or 1-866-345-7972; Meagan Murdoch, press secretary, Office of the Federal Minister of Agriculture and Agri-Food, 613-773-1059.

10/05/10