In the most recent provincial budget, the government announced a $150 million commitment to the agricultural sector in the face of tariffs from the United States and China.
Details of that commitment were announced Wednesday, with $10 million in additional matching funds for the AgriStability program, as well as $140.8 million for business risk management programs such as AgriInsurance and AgriInvest.
Dauphin MLA and Provincial Ag Minister Ron Kostyshyn says the intent of the funding is to have money available if tariffs put Manitoba producers in a challenging position.
"We still do not know what may change, but we just wanted to work in partnership with the proposal that had been brought forward by the Federal Agriculture minister. We just solidified that thought that we were putting additional dollars in the budget towards the Ag Stability program."
There is also an additional $90 million set aside as a contingency for farmers and producers if the impact of tariffs grows.
