Summerside, Prince Edward Island – Agriculture and Agri-Food Canada
Bobby Morrissey, Member of Parliament for Egmont, on behalf of the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, and the Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA), announced a federal investment of up to $12 million for Amalgamated Dairies Limited (ADL).
This funding will help the dairy farmer-owned cooperative modernize its milk receiving and processing operations and invest in new automated cheesemaking equipment. With these upgrades, ADL will be able to increase processing capacity while improving productivity and efficiency.
Agriculture and Agri-Food Canada is providing up to $10 million through the Supply Management Processing Investment Fund, a key part of the Government of Canada’s commitment to support processors in supply-managed sectors to address the impacts of recent international trade agreements. ACOA is providing up to $2 million through the Regional Economic Growth through Innovation program, which supports projects that promote sustainable community economic development, enhance business development and growth, and facilitate innovation.
The Government of Canada will continue to preserve, protect and defend Canada’s supply management system. This system ensures Canadian producers receive fair returns for their labour and investments, brings stability for processors, and provides consumers with a steady supply of high-quality products.
Source : Canada.ca