Thursday, August 29, 2024

Subsidies of $22.5 million for 319 winners


 

The federal and Ontario agriculture departments have picked 319 farm and agriculture businesses to share $22.6 million.


The money comes from the Agri-Tech Innovation Initiative.


With cost sharing, the total investment will be $61 million iin new technology, equipment or processes that increase production and efficiency.


Three examples the governments highlighted are:


• Up to $49,000 for Roelofsen Nursery of Norwich to purchase an electric self-propelled sprayer for field nursery crops.


• Up to $45,000 for Byler Enterprises Ltd. of Algoma District to install reverse osmosis equipment for maple syrup production.


• Up to $100,000 for Solmaz Foods of Etobicoke for a refrigeration and freezers that enhance energy efficiency and capacity.