The Ontario government is more than doubling its support for the Feeder Cattle Loan Guarantee Program from $240 to $500 million.
The program guarantees 25 per cent of the value of loans obtained from private-sector lenders up to $500 million.
The government also announced $500,000 per year for four years for the Ontario Beef Market Development Program.
That program supports Ontario beef brands, participation in trade shows and trade missions and welcoming potential out-of-market buyers to tour Ontario beef farms and beef processing plants.
