Farms.com Home   News

Trudeau Announces More Than $252 Million To Help Agri-Food Industry

On Tuesday, the federal government announced a new investment of more than $252 million to help the agri-food industry deal with the impact of COVID-19.
 
Prime Minister Justin Trudeau announced more than $77 million to help food processors protect the safety of workers.
 
He also announced a $125 million AgriRecovery initiative to help the beef and pork sectors. This is an initial investment.
 
The government will also be launching a surplus food purchase program with a starting fund of $50 million.
 
Additionally, the Canadian Dairy Commission will see its credit line increased by $200 million.
 
"We know that farmers still have concerns about what this pandemic means for their industry long-term," said Trudeau. "Having enough workers for harvesting later in the season. Having enough personal protective equipment for workers. These are valid concerns and I can assure you that we are working with farmers, stakeholders, and provinces and territories to find lasting solutions."
Click here to see more...

Trending Video

Farmers: Stop Letting Risk Steal Your Profit — These New Insurance Tools Change the Game

Video: Farmers: Stop Letting Risk Steal Your Profit — These New Insurance Tools Change the Game


Volatile markets. Unpredictable weather. Tight margins. Farming has never carried more risk—but now, you have smarter ways to protect your operation.
In this interview, Chris Corbett, Sales Manager at AGi3, breaks down a new generation of insurance solutions built specifically for today’s farm businesses: ForwardProtect — Protect your grain operation from the double hit of yield shortfalls and rising prices when forward contracts can’t be filled.
AgriEnhance — Take control of your crop risk plan with flexible yield coverage and whole-farm revenue protection tailored to your operation.
FarmElevate — A modern approach to farm insurance, combining deep ag expertise with advanced technology to protect your property, equipment, and liability.
These aren’t traditional policies—they’re strategic tools designed to protect your margins, stabilize cash flow, and give you confidence in uncertain markets.
If you’re serious about managing risk and protecting your bottom line, this is a must-watch.