Feds, province invest $485M in agricultural sector

Saskatchewan’s agricultural sector is getting additional support from the federal and provincial governments.

On Monday, the governments announced $485 million for what is called “strategic agricultural initiatives” in the province under a new five-year Sustainable Canadian Agricultural Partnership (CAP).

“Through the Sustainable Canadian Agricultural Partnership, we are investing in the economic, social and environmental sustainability of the agriculture sector, while ensuring the resilience of supply chains,” Gudie Hutchings, the federal minister of rural economic development, said in a media release.

“These programs and initiatives will create new ways for producers in Saskatchewan and processors to continue to improve their competitiveness while protecting our environment.”