Market diversification fund for Ontario agriculture announced

Federal and provincial governments announced a $20-million Market Diversification and Trade Resiliency Initiative on Jan. 20 to help Ontario farmers, food processors and agribusinesses grow domestic and international sales. Applications open Feb. 17 and close Mar. 17.

Federal and provincial governments have announced a new $20-million Market Diversification and Trade Resiliency Initiative for Ontario's agriculture sector. The initiative was announced on January 20 and is delivered by the Ontario Ministry of Agriculture, Food and Agribusiness (OMAFA). It aims to help farmers, food processors and agribusinesses grow domestic and international sales and to reduce reliance on the United States. Applications for the program open February 17 and close March 17. Key details: - The program is a $20-million joint federal-provincial initiative announced on January 20. - It is delivered by the Ontario Ministry of Agriculture, Food and Agribusiness (OMAFA). - Target recipients include farmers, food processors and agribusinesses in Ontario. - The initiative aims to grow domestic and international sales and reduce reliance on the United States. - Applications open February 17 and close March 17. Summary: The program is designed to support producers in expanding into new domestic and global markets and to strengthen operations amid trade uncertainty. The application window runs from Feb. 17 to Mar. 17. Details on how projects will be approved and how funds will be distributed are undetermined at this time.