Through the Canada-Alberta Livestock Feed Assistance Initiative, administered by the Agriculture Financial Services Corporation, $180 million was paid out to more than 14,000 applicants for 2.1 million animals in the initial phase across the province. (File photo by The Canadian Press)

Through the Canada-Alberta Livestock Feed Assistance Initiative, administered by the Agriculture Financial Services Corporation, $180 million was paid out to more than 14,000 applicants for 2.1 million animals in the initial phase across the province. (File photo by The Canadian Press)

AgriRecovery helped farmers weather tough times: AB Gov’t

The Alberta government, along with the federal government, handed out more than $350 million in 2021 to help livestock producers through tough times last year.

Through the Canada-Alberta Livestock Feed Assistance Initiative, administered by the Agriculture Financial Services Corporation, $180 million was paid out to more than 14,000 applicants for 2.1 million animals in the initial phase across the province. The program paid out nearly $172 million on more than 11,300 applications provincially.

“Last year was tough for many Alberta farmers and ranchers, but they persevered and met the challenges that came at them. I’m cautiously optimistic that 2022 will be a positive year for our ag sector,” said Nate Horner, Minister of Agriculture, Forestry and Rural Economic Development.

“Commodity prices are strong and Alberta producers have always been at the forefront of innovative farming practices and sustainability. We’re looking to our agri-food sector to help lead Alberta’s economic recovery.”

According to a release, the Alberta government and AFSC worked closely with key industry stakeholders to develop a timely response that delivered the support producers needed.

The 2021 drought had significant impacts on the province’s producers and the response ensured that Alberta farmers and ranchers were supported through these extreme conditions.

The AgriRecovery response helped producers recover business costs that are beyond what is covered through other financial assistance or business risk management programs.

“We have been proud to support the delivery of this much-needed relief to help our livestock producers and beekeepers make it through the difficult season they experienced in 2021,” said Darryl Kay, chief executive officer, AFSC.

“We understand the impacts of extreme dry weather and AFSC continues to do everything we can to ensure producers receive the support they need.”

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