Tuesday, June 9, 2009
An interesting use of stimulus funds in Canada. The Harper Economic Action Plan (Canada's stimulus plan) announced that stimulus monies will be spent to help make meatpacking and processing facilities more competitive. From the Department of Finance:
The Harper Government’s Economic Action Plan is supporting the livestock sector by making meat packing and processing facilities more competitive and accessible to farmers across the country. Agriculture Minister Gerry Ritz along with Minister of National Revenue and Minister of State (Agriculture) Jean-Pierre Blackburn today announced that the three-year, $50-million Slaughter Improvement Program is now in place and will soon be accepting applications.The sector "agriculture, forestry, fishing and hunting" accounted for just 2.3% of total (real) GDP output on average 2004-2008, and "animal production" is just 17.4% of that. I'd say that's about right, $50 million CAD, for this industry - I counted $56 billion by adding up the amounts at the Plan's homepage.
"Our Government’s Economic Action Plan puts Farmers First in these difficult economic times," said Minister Ritz. "By improving processing, we’re helping to help create a greater demand for livestock and better prices for farmers."