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Crop and Livestock Sector Development | Government of New Brunswick

March 31, 2028

Value

Varies

Description

To support crop and livestock development opportunities including:

  • Economic development programming for sectors with growth opportunities.
  • Regional economic development opportunities.
  • Establishing agricultural machinery usage cooperatives.

Eligible Applicants

  • Provincial and Regional Economic Development Opportunities
    • Agricultural industry associations
    • Agricultural producer (individuals or groups)
  • Agricultural Machinery Usage Cooperatives
    • Cooperative groups established (or in the process of establishing) under the Co-operative Associations Act. The cooperative must have by-laws that describes the acquisition, ownership and management of agricultural machinery for the shared use of its membership as one of its stated objectives. The by-laws must also describe how each activity (purchase/ownership/management) will be carried out. Agricultural Machinery Usage Cooperatives must have a minimum of 4 members and be up-to-date in their reporting to the Financial and Consumer Services Commission (FCNB).

Eligible Expenses

  • Provincial and Regional Economic Development Opportunities
    • Provincial economic development opportunities
      • Up to 50% of eligible costs to a max of $150,000 per sector-based development project per year.
    • Regional economic development opportunities
      • Up to 50% of eligible costs to a maximum of $ 60,000 per year. Contributions towards any individual piece(s) of equipment required within the project shall not exceed 30%. The maximum contribution for individual or group projects over the life of the program shall not exceed $120,000.
  • Agricultural Machinery Usage Cooperatives
    • By-laws and Startup Activities
      • Costs for professional services to drafting or update of by-laws, registration and incorporation. Funding of up to 70% of eligible costs to a maximum of $5,000 is available.
    • Machinery purchased for the shared usage of an Agricultural Machinery Usage Cooperative
      • Examples include specialized agricultural equipment for tillage, planting, crop protection, spreading of materials (fertilizers, manure, and lime) and harvest. Trucks and tractors are not eligible. Funding of up to 30% of eligible costs to a maximum of $30,000 per year is available. Each cooperative will be limited to a maximum of $100,000 over the life of the program (April 1, 2023, to March 31, 2028).

Deadline Date

Ongoing. Please click the link indicated below for update.

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