Source: Dairy Farmers of Canada
Dairy Farmers of Canada (DFC) welcomes the confirmation in today’s budget of funding for the Dairy Innovation and Investment Fund of $333 million dollars to support research and the development of new products based on solids non-fat (SNF). Canada has a surplus of SNF and does not currently have enough processing capacity to maximize the full value of milk. DFC is awaiting the details of the Fund with great anticipation.
DFC is also pleased with the announcement of $57.5 million over five years to establish a Foot-and-Mouth Disease (FMD) vaccine bank for Canada’s livestock. Our country is currently lacking in the supply of emergency vaccines needed to prevent and mitigate potential outbreaks of FMD and this investment will help prevent potential losses across all livestock sectors if an outbreak were to occur.
We are encouraged today with the funding allocated for green programs by the government and will continue working on our shared sustainability objectives to reach Net-Zero by 2050.
