A renewed funding partnership between the Government of Canada and the Government of the Northwest Territories (GNWT) will see an investment of $7.6 million to strengthen the competitiveness, innovation, and resiliency of the agriculture, agri‐food sector in the Northwest Territories (NWT) over the next 5 years.
The Sustainable Canadian Agriculture Partnership (Sustainable CAP) takes effect on April 1. It will provide funding for agriculture and agri-food projects to NWT-based producers, processors, retailers, non-profit organizations, and governments, including Indigenous Governments and Indigenous Organizations.
The new agreement increases government investment in the agriculture and agri-food sector by 25%.
The priorities of Sustainable CAP include market development and trade; building sector capacity and growth; science, research and innovation; resiliency and public trust; and climate change and the environment.
Sustainable CAP will further work to encourage greater diversity and inclusion in the sector and strengthen relationships with Indigenous Peoples.
In the NWT, the GNWT's partnership in Sustainable CAP will enable NWT producers to access 2 key Business Risk Management programs, AgriStability and AgriInvest, designed to provide producers with protection against income and production losses and to help them manage risks that threaten the viability of their operations.
