Helping farmers in Newfoundland and Labrador address risk and grow their businesses

ST. JOHN'S, July 19, 2017 /CNW/ - The Government of Canada is committed to working with agricultural industry partners and the private sector to develop new risk management tools that help farmers to be resilient and grow their businesses.

Minister of Agriculture and Agri-Food, Lawrence MacAulay, was in St. John's today to announce a $365,291 investment for the Newfoundland and Labrador Federation of Agriculture (NLFA) to develop a comprehensive consultation process to identify all the risks associated with farming in the province, potentially including production, financial, labour, market, transportation and climate change risks. Once completed, the risk assessment will form the basis for future programs and initiatives that will improve the resilience and growth of the Newfoundland and Labrador agriculture sector.

Quotes

"We are excited to be partnering with the NLFA to identify and address the risks farmers in Newfoundland and Labrador face every day. This investment helps support the continued expansion of the agriculture industry in the province, leading to economic growth, good jobs and a stronger middle class."
Lawrence MacAulay, Minister of Agriculture and Agri-Food  

"The Newfoundland and Labrador agriculture industry is grateful for the Government of Canada's investment in our sector. We have a vibrant agriculture industry in this province, and we must identify and address the key risks that farmers are facing in order to grow our industry, revitalize our rural economy, and increase our province's food self-sufficiency."
Mervin Wiseman, President of the Newfoundland and Labrador Federation Agriculture

Quick facts

  • Newfoundland and Labrador Federation of Agriculture is a not for profit organization which represents farmers and farmer groups in the province.
  • This investment is being made through Agriculture and Agri-Food Canada's AgriRisk Initiatives (ARI) which supports the research and development as well as the implementation and administration of new risk management tools for use in the agriculture sector. AgriRisk is a Growing Forward 2, Business Risk Management initiative.
  • Newfoundland and Labrador's gross farm receipts in 2016 were $130 million. This represents a 1.3% increase from 2012. At the national level, there was an 8.9% increase in farm cash receipts for the same period.

Additional links

Follow us on Twitter: @AAFC_Canada
Like us on Facebook: CanadianAgriculture

 

SOURCE Agriculture and Agri-Food Canada

For further information: Guy Gallant, Director of Communications, Office of the Honourable Lawrence MacAulay, 613-773-1059; Media Relations, Agriculture and Agri-Food Canada, Ottawa, Ontario, 613-773-7972, 1-866-345-7972; Mervin Wiseman, Newfoundland and Labrador Federation of Agriculture, 709-689-5735, mervinwiseman@yahoo.ca

RELATED LINKS
www.agr.gc.ca
https://www.canada.ca

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890