Wednesday, February 19, 2020

Beef industry gets $2 million in subsidies



The federal and provincial governments have announced $2 million worth of funding for the beef-packing industry.

Ontario’s 123 provincially-licensed packers are eligible for help for” capital upgrades for enhanced food safety, improvements in the safe handling and housing of animals, and new equipment for safe
and efficient animal-hides disposal.”

The governments are also investing up to $292,600 under the Places to Grow initiative to
help the Beef Farmers of Ontario with marketing efforts to access emerging markets in
Vietnam, Korea, Taiwan, the Philippines and the European Union. The cost-shared project
will encourage export-market diversification and support efforts to increase volume and
sales through trade missions, promotional events and the development of new brands.