Dairy Farm Investment Program – 1. What this service offers
As of 3 p.m. EDT August 29, 2017, the Dairy Farm Investment Program’s first application window is fully subscribed. Agriculture and Agri-Food Canada is therefore no longer accepting applications for small projects ending before March 31, 2019, and large projects ending before March 31, 2020.
All applications received prior to this time will be reviewed according to the first-come-first-served principle until funding is fully committed. A waiting list will then be created should funds become available due to cancelled or rejected investment projects reviewed during this first window for applications.
Dairy producers will be notified in the coming months of the next window to apply for funding for subsequent years of the five-year (2017 - 2022) program.
1. What this service offers
The Dairy Farm Investment Program is designed to support the productivity and the competitiveness of dairy farmers, and help the sector adapt to the anticipated impacts from the Canada-European Union Comprehensive Economic and Trade Agreement. The program helps Canadian cow's milk producers improve productivity through upgrades to their equipment.
How much can you receive
The maximum funding amount per licensed dairy farm, for the five-year duration of the program, is $250,000. Applicants may apply more than once, and for more than one project; however, the total reimbursements for all approved projects will not exceed $250,000.
The minimum funding amount that will be considered for a project is $1,000.
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