New Suite of Initiatives Aimed at Growing the Prince Edward Island Livestock Sector
Souris, Prince Edward Island – January 30, 2025
The Government of Prince Edward Island (PEI) today launched a new suite of initiatives aimed at supporting the growth and development of the province’s livestock sector.
“The livestock sector is a vital part of our economy, and these new initiatives will help our farmers and processors succeed and grow,” said Premier Dennis King. “We are committed to working with our industry partners to ensure that PEI remains a leader in livestock production.”
The initiatives include:
- $5 million to establish a new Livestock Innovation Centre. The centre will provide farmers with access to research, technology, and training to help them improve their productivity and profitability.
- $3 million to support the construction of new and expanded livestock processing facilities. This funding will help to increase the capacity of the sector and create jobs.
- $2 million to provide grants to livestock farmers for equipment and infrastructure upgrades. This funding will help farmers to improve their efficiency and competitiveness.
- $1 million to develop new markets for PEI livestock products. This funding will help to increase the demand for PEI products and create new opportunities for farmers.
“These initiatives will help us to grow our livestock sector and create jobs in rural communities,” said Agriculture and Land Minister Bloyce Thompson. “We are excited to work with our industry partners to make these initiatives a success.”
The PEI Livestock Sector Council welcomed the announcement of the new initiatives.
“These initiatives will provide much-needed support to our farmers and processors,” said Council Chair Jason Creed. “We are confident that they will help to grow our sector and create jobs.”
The new initiatives are part of the PEI government’s Economic Growth Plan. The plan is designed to help grow the economy, create jobs, and improve the quality of life for all Islanders.
For more information, please contact:
John Smith Press Secretary Office of the Premier 902-438-4400 john.smith@gov.pe.ca
New suite of initiatives aimed at growing the Prince Edward Island livestock sector
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