St. John’s, Nfld. – Newfoundland and Labrador’s agricultural sector will receive more than $11 million in funding from the province and the federal government to help promote innovation and animal health.
The money will go towards two programs: $7.5 million will go to the Agriculture Research Initiative, which aims to help the sector lower production costs, enhance environmental sustainability and take advantage of opportunities in new crop varieties and livestock. An additional $3.9 million will go to the Foreign Animal Disease Preparedness and Specified Risk Materials Disposal Initiative, which will see the creation of a new animal disease laboratory to help boost disease surveillance and detection.
“This investment will bolster the competitiveness of the Newfoundland and Labrador agriculture sector by building and strengthening the province’s capacity for innovation,” says Peter Penashue, regional minister for Newfoundland and Labrador, federal minister of Intergovernmental Affairs and president of the Queen’s Privy Council. “At the same time, we are strengthening our protection of this valuable industry by increasing the province’s capacity to detect, monitor and control the spread of foreign animal diseases.”
The federal government will invest over $6.8 million towards the two initiatives, while the province will contribute more than $4.5 million.