How the 2021 Federal Election Changed the Government Funding Landscape
The Liberal Party was re-elected in the snap 2021 election with many changes coming to the future of federal grant, loan, and wage subsidy programs for Canadian businesses.
The Liberal Party was re-elected in the snap 2021 election with many changes coming to the future of federal grant, loan, and wage subsidy programs for Canadian businesses.
The Pacific Economic Development Canada (PacifiCan) is a new funding agency for B.C. that will award $553.1 million over five years (2021 – 2026).
The CAP Ontario Food Processors stream has recently closed an application intake. The next intake is set for October 20, 2021.
The Poultry and Egg On-Farm Investment Program (PEFIP) can cover up to 70% of eligible project costs to increase productivity, food safety, and more.
The Canadian governments are stimulating agriculture innovation with $150,000 in funding through the Canadian Agricultural Partnership (CAP) program.
The Food Waste Reduction Challenge is now accepting applicants for the Novel Technologies funding streams. These programs aim to reduce food waste and create new projects from them.
Through the Early Adopters Stream of the Agri-Tech Innovation Cost-Share Program, Ontario farm and processor businesses can receive up to 35% to a maximum of $100,000 per eligible costs on a relevant COVID-19 safety project with a value of at least $150,000.
With $101.4 billion in total spending, the new Canadian Federal Budget 2021 promises a strong recovery and growth for all Canadians by overcoming COVID-19, creating a million new jobs, and advancing cleantech innovation to combat climate change.
The Ontario provincial government has created its 2021 Budget, with $23.3B in spending towards COVID-19 business support and new grants, wage subsidies, and no-interest loans available.
FedDev Ontario invests $7.2 million into London’s agri-food business sector. Over the next five years, the government funding will help new and existing agri-food businesses located in London, Ontario to reach their full potential.