$500 million Agricultural Flexibility Fund

by S. C.

The Government of Canada is now accepting project proposals for the new five-year (2009-2014), $500 million Agricultural Flexibility Fund (AgriFlexibility).

AgriFlexibility will support measures that reduce costs of production and improve environmental sustainability for the sector; promote value-chain innovation and sectoral adaptation; and, respond to emerging opportunities and market challenges for the sector.

AgriFlexibility includes both federal-led initiatives and initiatives delivered in partnership with provinces, territories and/or industry. Provinces/Territories and Industry will be able to submit proposals (at several stages) over the life of AgriFlexibility. Preference will be given to proposals which leverage private-sector involvement and investment; contribute to the efficiency or sustainability of the industry; and make positive, long-term contributions to the overall competitiveness of the sector.