Financial help is coming for potato producers impacted by excessive moisture during last year’s growing season.
Up to $25 million will be available through the Canada-New Brunswick Potato AgriRecovery Initiative, officials announced Friday.
Last summer was one of the wettest on record and many potato growers faced a significant financial impact, according to New Brunswick’s agriculture minister.
Margaret Johnson said the money will help compensate producers for costs to grow, harvest, store or dispose of last year’s crop.
“This is an important response to what the industry has asked for and a critical step in ensuring the sector is able to remain resilient,” Johnson said in a news release.
The federal government will contribute 60 per cent of the costs while the province will cover the remaining 40 per cent.
