Ottawa aid package includes little new money
The Canadian government says it's spending $5.2 billion over six years to help its farmers stay more competitive. But farmers won't find a lot of new safety net help in the package.
Reuters reports Ottawa announcement yesterday of a new farm aid package included mostly money to replace existing farm subsidies or for food safety and other projects that do not directly support farm income.
Prime Minister Jean Chretien, in making the announcement, said the government "is committed to moving agriculture beyond crisis management to greater profitability and prosperity."
The main new element, the article says, is $600 million in federal funds for each of this year and next year, which Ottawa hopes the provinces will top up with $400 million of their own. That would take federal farm income support to $1.7 billion or more from the current level of $1.14 billion in this fiscal year and next. But this would then revert to $1.1 billion a year starting in the fiscal year that begins April 2004, the article says.
On top of that would be a total of almost $1.5 billion, to be spread over the next five to six years, for things like consulting services, taking environmentally fragile land out of production, and research and development.
From www.ontariofarmer.com
The Canadian government says it's spending $5.2 billion over six years to help its farmers stay more competitive. But farmers won't find a lot of new safety net help in the package.
Reuters reports Ottawa announcement yesterday of a new farm aid package included mostly money to replace existing farm subsidies or for food safety and other projects that do not directly support farm income.
Prime Minister Jean Chretien, in making the announcement, said the government "is committed to moving agriculture beyond crisis management to greater profitability and prosperity."
The main new element, the article says, is $600 million in federal funds for each of this year and next year, which Ottawa hopes the provinces will top up with $400 million of their own. That would take federal farm income support to $1.7 billion or more from the current level of $1.14 billion in this fiscal year and next. But this would then revert to $1.1 billion a year starting in the fiscal year that begins April 2004, the article says.
On top of that would be a total of almost $1.5 billion, to be spread over the next five to six years, for things like consulting services, taking environmentally fragile land out of production, and research and development.
From www.ontariofarmer.com
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