The Canadian government has announced a $25 million investment to help the country’s agricultural sector reduce greenhouse gas emissions through the development and adoption of clean tech.
Lawrence MacAulay, Canadian Minister of Agriculture and Agri-Food says this investment will help Canadian farmers stay on the cutting edge of clean technology by targeting developments in bioproducts and precision agriculture.
“Our government has made both agriculture and clean technology a priority for growth in our economy. This new program will contribute to Canada’s place as a world leader in agricultural clean technology, helping farmers to develop new and efficient uses of energy, while also protecting our environmental resources and mitigating climate change.”
The Agricultural Clean Technology (ACT) Program is part of the Government of Canada’s suite of clean technology programs and initiatives announced in Budget 2017. The ACT Program runs from 1 April 2018 to 31 March 2021.
HLB member firm Millards Chartered Professional Accountants has a close connection to agribusiness.
To be eligible for funding, agribussinesses will need to partner with provincial government. Simon Salole, partner at Millards says “Provinces and territories are eligible to apply for federal funding through this program and are encouraged to work with industry on projects that focus on precision agriculture and/or bioproducts.”
Creating a sustainable future
Salole sees an opportunity for agribusinesses projects and positive benefits for Canada and the world. The Government’s position is that farmers can make important contributions in the fight against climate change by adopting sustainable technologies and practices.
Clean technology permits farmers to undertake efficient uses of energy and the production of renewable energy, while contributing to the protection of the soil, water and air.
The Minister of Agriculture and Agri-Food made the announcement during his recent visit to an innovative agri-tech farm in St-Eugene, ON. Member of Parliament, Francis Drouin, calls the funding a step forward for agribusiness in Canada.
“Today’s announcement provides stable funding to help the agricultural sector move towards more sustainable practices. These funds will help farmers across the country to adopt means of production that are both environmentally friendly and more efficient.”
Bioproducts are renewable products from agricultural waste and outputs. Precision agriculture is a farming practice that uses data gathering technologies to guide targeted farm management actions that improve the sustainability, efficiency and productivity of agricultural operations.
This program will also complement AAFC’s $27 million Agricultural Greenhouse Gases Program, which supports research into greenhouse gas mitigation practices and technologies that can be adopted on the farm.
The Government of Canada is committed to support research, development, demonstration and adoption of clean technologies, because they create good jobs for Canadians and help meet Canada’s climate change goals.