The Supply Management Processing Investment Fund (SMPIF) helps processors of supply-managed commodities adapt to market changes resulting from the implementation of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
The program provides non-repayable contributions to support investments in dairy, poultry, and egg processing facilities that improve productivity and/or efficiency through the purchase of new automated equipment and technology.
The overall program budget from April 1, 2022, to March 31, 2028, is $292.5 million.
Learn more: https://agriculture.canada.ca/en/programs/supply-management-processing-investment-fund