Livestock producers who have loans from Farm Credit Canada can get a rebate of up to $2,000 if they are certified under Canadian Roundtable for Sustainable Beef protocols.
The initiative (called the FCC Sustainability Incentive Program) was hailed by roundtable chair Anne Wasko, who said more beef buyers are looking for beef produced under the protocols.
“There is an increasing demand from consumers for certified assurances of sustainably raised beef,” she said.
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Federal government pledged $5 billion to diversifying exports, $1 billion in extra financing through Farm Credit Canada, and returned the Advance Payments Program interest-free portion to $250,000 from $100,000.
The roundtable, set up in 2014, has created a number of protocols for the beef production value chain from the farm to the processor.
Under a voluntary certification, cattle and beef are tracked and producers receive a small premium based on sales.
More info on the FCC program is available online.
