FALL | NEWS
AgriRecovery Funding Increased for Farmers Facing Extreme Weather There's good news for farmers hit by wildfires and drought, as the federal government has boosted AgriRecovery funding to up to $500 million this year. The Minister of Agriculture and AgriFood, Marie-Claude Bibeau, said the increase was made to address extraordinary costs faced by producers due to the drought and wildfires. This includes initial funding of $100 million announced on August 6. Given the extraordinary circumstances that farmers in Western Canada and parts
of Ontario are facing, Bibeau says this increased funding ensures the federal government is ready to contribute to eligible provincial AgriRecovery costs on the 60-40 cost-shared basis outlined under the Canadian Agricultural Partnership. The Government of Canada and the governments of British Columbia, Alberta, Saskatchewan, Manitoba and Ontario are currently working “with the utmost urgency” to complete joint assessments of the disaster and launch support programs, Bibeau added. This will include
direct assistance to affected livestock and agricultural producers, and help them with added costs of obtaining livestock feed, transportation and water. Producers can also apply for interim payments under AgriStability to help them cope with immediate financial challenges. The Government of Canada and the governments of British Columbia, Alberta, Saskatchewan, Manitoba and Ontario have agreed to increase the 2021 AgriStability interim benefit payment percentage from 50 per cent to 75 per cent.
OkanaganFarms.com EAST KELOWNA Large farm parcel offered for sale for the first time in several decades. Over 37 acres with 4,024 sq. ft. main home, 849 sq. ft. farm help home and other outbuildings. Currently planted to an older orchard. Well suited for tree fruits or certain grape varieties. Some farm machinery is also included. 2021 City of Kelowna water allotment is 71,381.58 m3 annually. MLS® $5,599,000
WEST KELOWNA 4.47 acre farm with superb exposure. Captivating views of Okanagan Lake. MLS® $2,730,000
LAKEVIEW HEIGHTS Mature 12 acre vineyard in West Kelowna winery district just off the heavily traveled West Kelowna Wine Trail. Gorgeous views. MLS® $3,488,000
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KELOWNA
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JERRY GEEN
Personal Real Estate Corporation
SPALLUMCHEEN 23.5 acre farm property. Two homes, numerous outbuildings. Partial ALR. MLS® $2,180,000
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ELYA BYRNE
+ SHAUN EVEREST MBA
Personal Real Estate Corporation
Purchasing Specialist
OkanaganFarms.com Fall 2021
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