Millions Handed Out Through Dairy FundFebruary 8, 2018 7:07am
Over 500 dairy producers across the country have taken advantage of the federal government’s Dairy Farm Investment Program, or the DFIP.
$23.5 million has been invested by farmers into cow comfort equipment to larger automated milking systems.
The DFIP was announced in August of last year with $250 million available.
Currently there is another $100 million dollars worth of requests under review and those projects are expected shortly.
Federaly Agriculture Minister Lawrence MacAulay spoke at the Dairy Farmers of Canada annual policy conference updating the program and reinforcing the importance of the dairy sector which contributes nearly $24 billion in sales by farmers and food processors.
Phase one of the Dairy Farm Investment program will provide funding support from 2017 to 2020 and the second phase will cover 2020 to 2022.
In that second phase, priority will be given to producers who did not receive funding in the first round and producers whose projects are not funded in phase one will be encouraged to re-apply for the second phase.