Hog farming funds "not new money"
NOVA SCOTIA - Nova Scotia’s newly-projected financial framework has no surprises and little new assistance for the province’s cash-starved farmers, say many in the industry."It’s a stand-pat budget, pretty much what we expected," Fraser Hunter, president of the Nova Scotia Federation of Agriculture, said in an interview Monday.
The provincial budget contains a few items for farmers, but the bulk of the assistance — $6.2 million in debt reduction for hog farmers — was announced last year and was no surprise.
The budget simply made the money official, said Mr. Hunter, a sheep and dairy farmer in Pictou and Antigonish counties.
The government promised last December to write off the $6.2 million hog farmers owed the province.
"It’s not new money," said Mr. Hunter. "It’s basically what we were expecting."
What was new was $500,000 in the budget for transition funding, which Mr. Hunter said he believed was for interest on the debt.