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More grant money available for Tam's plant!

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rkaiser

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Here you go Tam. On top of the money your plant proposal already recieved for it's feasability study and who knows what else, here is some more.

Don't get me wrong, I hope like hell that your plant makes it. Somehow the government seems to be chosing favourites out there though, don't you think?

*PRODUCER ACCESS TO EQUITY LOAN PROGRAM FOR EXPANDING CANADIAN SLAUGHTER
CAPACITY*



*Ottawa**, **ON**, **October 25, 2005** - *Canadian livestock producers
wanting to invest in new or expanding federally regulated and inspected
ruminant slaughter facilities can now apply for additional assistance
from the Government of Canada.



Further to the June 29, 2005 announcement to support transformation of
the Canadian cattle and other ruminants industry, Agriculture and
Agri-Food Minister Andy Mitchell today announced details of the Ruminant
Slaughter Equity Assistance Program.



"This program allows producers to make a significant investment in their
own industry," said Minister Mitchell. "It is an important step towards
ensuring Canada has the slaughter capacity it needs in today's trading
environment, reducing regional disparities in slaughter capacity, and
improving access to slaughter facilities for older animals and other
ruminants such as sheep and bison."



Under the Equity Assistance Program, $10 million is available to
contribute to equity investments by eligible producers to help increase
Canada's slaughter capacity of federally regulated and inspected
ruminant slaughter plants.



The Equity Assistance Program requires a minimum investment per producer
of $1,000, triggering a government contribution of $500. Agriculture
and Agri-Food Canada will match up to one-half of an individual
producer's investment to a maximum government contribution of $20,000.
The maximum government contribution available for any slaughter facility
project is $5 million.



Farm Credit Canada is assisting Agriculture and Agri-Food Canada in the
delivery of the program. Producers may apply for the program through the
slaughter facility in which they are investing.
 
Looks like BigC could get some of that money if they get to an actual proposal for a plant and get some investors.
 
Jason said:
Looks like BigC could get some of that money if they get to an actual proposal for a plant and get some investors.

I think Don is prudent in his analysis on the other thread. A producer owned mighttttttt have enough political pull to counter act some of the market power plays the others try however. Tam is subservient to the price leaders...... and it shows. As long as they can use you, they will, Tam. The economic concepts and protections in the PSA have to be applied efficiently in Canada for there to be a free market and for the producer surplus to not be slowly dwindled away.
 

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