9:08 am - Tuesday, October 22 2019
Home / News / NS News: Province Announces Support for Strawberry Farmers

NS News: Province Announces Support for Strawberry Farmers

Strawberry farmers will have financial support from the province to help cover the cost of replanting their crops in the wake of the strawberry virus.

The new provincial funding, announced by Agriculture Minister John MacDonell today, Aug.

9, allows growers to remove infected fields, as recommended by a consultant, and replant with the support of interest-free loans. Repayment of the loans is only required after the crop is harvested.

“This funding will help affected strawberry growers with the process of replanting,” said Mr. MacDonell. “The provincial funding allows us to leverage an existing federal program to ensure the entire loan for replanting is interest-free.”

A number of factors could impact the final cost of the province’s financial support for the interest-free loans, but it is expected to be less than $100,000.

Between the interest-free loan program and the other three existing federal-provincial business risk management programs, strawberry farmers will be able to access about $2 million in taxpayer assistance.

“I am confident that between these three federal-provincial cost-shared programs and the interest-free loans, the supports will be there to help strawberry growers through this challenge,” said Mr. MacDonell.

Source: Release

About Haligonia.ca

See news happening near you? Tell us. Click here to email our team.

 

The views and opinions expressed in this content are those of the author and do not necessarily reflect those of haligonia.ca.

You might also like...

FB_IMG_1571698802153

How first responders assist the TSB

**** Information via Transportation Safety Board The first persons arriving at an accident site can...

IMG_20190606_135821

School Bus Safety Awareness Week: When the lights are flashin’, don’t be passin’

**** RCMP Media Release School Bus Safety Awareness Week: When the lights are flashin’, don’t...

Leave a Reply

Your email address will not be published. Required fields are marked *