Sustainable CAP to Support Research and Innovation in Agriculture

Both provincial and federal governments are stepping up to support innovation in the agriculture sector. The governments of Canada and Manitoba are providing up to $65 million in grant funding under the Sustainable Canadian Agricultural Partnership (Sustainable CAP). The funding will contribute to the development of agricultural knowledge and skills and to improve the competitiveness and sustainability of the province’s agricultural sector.

Manitoba Agriculture’s Research and Innovation program was designed to provide project funding opportunities for basic and applied research to accelerate sustainable growth in the agriculture and agri-food sectors. Funding will be cost-shared between the applicant and government depending on the individual funding stream and project cost.

Interested applicants, which may be primary producers, agri-processors, industry organizations, academic institutions, and research bodies amongst others, must submit an application and letter of intent under the Research and Innovation program.

Projects must improve sustainability, resiliency and competitiveness of agriculture and agri-food sectors by accelerating the development and adoption of technologies and products that enhance efficiency and sustainability across the sectors while addressing challenges such as climate change.

The Sustainable Canadian Agricultural Partnership is a five-year, $3.5-billion investment by Canada’s federal, provincial and territorial governments that supports Canada’s agri-food and agri-products sectors. This includes $1 billion in federal programs and activities and a $2.5-billion commitment that is cost-shared 60 per cent federally and 40 per cent provincially/territorially for programs that are designed and delivered by provinces and territories.

Who We Are:

Swanson Reed is one of Canada’s largest Specialist SR&ED tax advisory firms. We manage all facets of the SR&ED tax credit program, from claim preparation and audit compliance to claim disputes.

If you would like to find out more about how your business could benefit from R&D Tax Credit, contact a Swanson Reed R&D Tax Advisor today.

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