$68M in Funding Towards New SCAP Agribusiness Funding Programs
The Sustainable Canadian Agricultural Partnership (SCAP) funding program is an effort to strengthen the competitiveness, innovation, and resilience of the agriculture, agri-food, and agri-based product industries. Recently, $68 Million in funding has been awarded towards a new SCAP agribusiness program.
The SCAP program is a Canada-wide initiative by the federal, provincial, and territorial governments which is expected to run until 2028.
SCAP has a variety of different streams – each with its own funding amounts, eligibility criteria, and program deadlines. The Canadian agricultural industry is a top priority for all levels of government, which as released new funds and funding top-ups for these programs.
$68M is Now Available Via Ontario Agricultural Sustainability Initiative (OASI)
Under the joint federal-provincial SCAP, the government is providing $68 million for the Ontario Agricultural Sustainability Initiative (OASI). Within OASI, there are several initiatives in place.
Resilient Agricultural Landscape Program (RALP)
This is a $56.7 million five-year program to support eligible farmers a undertaking projects that will reduce tillage, create water retention spaces, and other initiatives to reduce greenhouse gas emissions and allow carbon sequestration.
The Agricultural Stewardship Initiative (ASI)
Complementary to the above RALP initiative, ASI will be providing farmers an additional $5 million towards equipment and operating costs.
On-Farm Applied Research and Monitoring (ONFARM)
This initiative offers farmers $7 million to support learning and practising best practices that address and improve the overall farm’s soil and water quality.
Access More Agricultural Grants Across Canada
Our government funding directory provides you with concise and up-to-date information on the latest grants and loans available for your agri-business. Currently, you can view the extensive list of funding available under the SCAP program – with specific funding programs available by province.
There are also other agri-food funding programs available outside SCAP, such as the Canadian Agri-Food Automation and Intelligence Network. As programs come and go, you can be sure to stay updated by subscribing to our newsletter.