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Alberta ACAAF funds fully allocated

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Alberta’s Agriculture and Food Council says it has fully invested Alberta’s share of funds for Agriculture and Agri-Food Canada’s Advancing Canadian Agriculture and Agri-Food (ACAAF) program.

The program was a five-year, $240 million program announced in 2004. The current funding arrangement expires on March 31, 2009. Alberta’s share of funds over the five years was approximately $29 million

The Agriculture and Food Council has approved funding for 316 projects totalling $ 96,735,550 thanks to the leveraging of partnership funding, Dee Ann Benard, chair of the Council’s ACAAF Action Team, said in a release. “The ACAAF program played an important role as pathfinder for forward-thinking initiatives in the agriculture and agri-food sector and was able to assist industry in capturing opportunities by strategically investing funds in projects that support the modernization and growth agenda,” she said.

The council is no longer accepting applications to the ACAAF program. Monitoring of the ACAAF financial situation will be ongoing between now and April 1, 2009. Up to date information on additional funds becoming available will be posted on the Agriculture and Food Council’s website at www.agfoodcouncil.com.

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