B.C. farmers and food processors will receive increased food security support over the next 5 years through a new agreement between the governments of Canada and British Columbia.
The Sustainable Canadian Agricultural Partnership (Sustainable CAP) will provide increased support for an innovative, adaptive and resilient agricultural sector in British Columbia.
Through Sustainable CAP, more than $140 million will be invested in strategic initiatives, which is a 25% increase over the previous funding agreement. Demand-driven, business risk management programs are estimated to provide $330 million in support to farmers over the lifespan of Sustainable CAP.
The Sustainable CAP is expected to assist the B.C. agriculture sector through new and enhanced programs and funding in the following areas:
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