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Government’s $4.7 million allocation to Cavendish Farms, P.E.I. Potato Board still being spent
To date, only $50,000 of the funding has been dispersed to the P.E.I. Potato Board.
August 14, 2020 By The Chronicle Herald
An agreement that would see $4.7 million dispersed to the P.E.I. Potato Board and Cavendish Farms, to allow millions of pounds of potatoes to be stored, is still in effect.
Provincial Agricultural Minister Bloyce Thompson acknowledged late in the spring legislature session that the potato market had since improved. “The markets have changed. We’re in full understanding that this money won’t be all used. But it is still on the table to manage some risk if COVID changes,” Thompson said. | READ MORE
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