$500K being shifted around to help P.E.I. agricultural sector respond to U.S. tariffs

Raphael Caron · CBC News

· Posted: Mar 12, 2025 1:37 PM EDT | Last Updated: 9 minutes ago

The P.E.I. Department of Agriculture and the Government of Canada person announced they are redirecting $500,000 to assistance the provincial agriculture assemblage successful effect to the tariffs imposed by U.S. President Donald Trump.

These funds volition travel into 3 programs falling nether the Sustainable Canadian Agricultural Partnership programming. That's a five-year, $3.5 cardinal plan to help farmers, operators and producers crossed the country.

According to a quality release, it aims to "strengthen the competitiveness, innovation, and resiliency of Canada's agriculture, agri‐food, and agri‐based products sector."

The Product and Market Development Program is designed to expand domestic and planetary competitiveness for tiny and medium-sized cultivation producers.

The Strategic Industry Growth Initiative is meant to assistance the agriculture assemblage velocity up the commercialization of nutrient products.

The Business Development Program provides training connected things like business readying and implementation, organizational development, and hazard activities.

The quality merchandise says the P.E.I. Department of Agriculture volition measure the applications. It volition besides enactment with the P.E.I. Department of Economic Development, Innovation and Trade to enactment cultivation initiatives.