Business & Policy
Sustainable Canadian Agricultural Partnership in effect
April 4, 2023 By Top Crop Manager
The Sustainable Canadian Agricultural Partnership (Sustainable CAP) came into effect April 1, renewing the five-year policy framework to ensure there is no gap between the end of the former agreement.
This agreement sets $1 billion in federal programs and activities and $2.5 billion in cost-shared programs and activities funded by federal, provincial and territorial governments, up 25 per cent from the 2018-2023 agreement.
“I would like to highlight the important collaborative work that allowed us to mark the official launch of the Sustainable Canadian Agricultural Partnership (2023-2028),” says Marie-Claude Bibeau, minister of Agriculture and Agri-Food. “The initiatives that will be rolled out over the next five years will allow the sector to continue to be a world leader in sustainable agricultural, while also allowing farmers to stay productive and competitive so that they can ensure our food security and sustain their livelihood.”
The renewed federally funded programs to support sector growth under Sustainable CAP were launched March 6. Details and applications are available online for AgriAssurance, AgriCompetitiveness, AgriDiversity, AgriInnovate, AgriMarketing and AgriScience.
In addition to these programs, the Sustainable CAP includes $2.5 billion in cost-shared programming that will be delivered by provincial and territorial governments. Bilateral agreements between the Government of Canada and the provincial and territorial governments are in the process of being finalized.
Sustainable CAP includes, among other things, a new $250 million Resilient Agricultural Landscape Program to support ecological goods and services offered by the agricultural sector.
Canadian producers will also have access to an enhanced suite of business risk management programs to help them manage significant risks that threaten the viability of their farms and are beyond their capacity to manage, including an increase of the compensation rate from 70 per cent to 80 per cent in AgriStability.