In response to the mass disruptions in the agriculture industry caused by COVID-19, the Government of Alberta is introducing several new supports to help farmers and ranchers through AgriRecovery.
The key supports announced yesterday include:
- AgriRecovery will receive a total of $43 million, with $17 million coming from the Alberta Government and $26 million from Ottawa, to help farmers and ranchers deal with a backlog of cattle waiting to be processed during the COVID-19 pandemic.
- Alberta provides most of the country’s beef, and the current disruption is resulting in substantial costs for our ranchers. The money will be used to subsidize producers to hold onto and feed cattle for up to nine weeks, to match reduced demand and processing capacity.
- The government is also increasing the interim payment under AgriStability from 50 per cent to 75 per cent for hog, potato producers and bees.
- AgriRecovery initiatives are cost-shared 60-40 between federal and provincial governments.
“We thank Minister Bibeau, Minister Dreeshen, the Government of Canada and the Government of Alberta for working together to ensure beef, pork and potato producers across Canada and Alberta will receive the support necessary to continue providing top-quality product to Canadians across the country,” says Scott Bolton, UFA President and CEO.
“We recognize this is a first step and we look forward to continuing to work with the federal and provincial governments to ensure that all agricultural producers will receive the supports needed due to the extraordinary circumstances of the pandemic,” adds Bolton. “UFA will continue to work with all levels of government to support our members and their operations.”view press release