Canada: Canadian government comes to the aid of Prince Edward Island potato industry
For most of the Prince Edward Island potato growers, the impacts of having the Canada-US border closed to exports of their potatoes last winter are still being felt.
But with the recent funding opportunities from the Atlantic Canada Opportunities Agency (ACOA), the producers might bounce back a little.
East Point Potatoes, managed by Boyd Rose, received a $500,000 no-interest repayable loan from ACOA to upgrade and expand equipment at the eastern PEI facility that buys potatoes from more than 20 local farms.
Ray Keenan of Rollo Bay Holdings said the $950,000 loan his company received will be used to automate part of their packing operation and lessen the need to fill labor-intensive positions.
The total amount of funding announced last Friday is $4.2 million. The majority is in the form of loans, but the PEI Potato Board is receiving $240,000 in non-repayable funds earmarked for promoting biosecurity among farms.
Fuente: https://www.freshplaza.com/latin-america/article/9470909/canadian-government-comes-to-the-aid-of-prince-edward-island-potato-industry/
