Important Rural Agriculture Business Receives Government Investment

first_imgA rural poultry processing plant that has been supporting the growth of Nova Scotia’s agricultural industry for the past 65 years, will receive an investment from the province of Nova Scotia for working capital. A $3.5-million loan for ACA Co-operative Ltd. in New Minas, through the Department of Economic Development’s Industrial Expansion Fund, will help the company maintain 650 jobs with an annual payroll that exceeds $25 million annually. ACA also creates almost as many spin-off jobs. “This sole poultry processor for Nova Scotia has grown significantly over the years and continues to seek and develop new markets for its quality products,” said Economic Development Minster Angus MacIsaac. “This investment further demonstrates the province’s commitment to supporting economic growth in rural areas of the province and maintaining important jobs.” Since 1943, ACA Co-operative Ltd. has grown to include seven divisions including eggs, feed, hatchery, poultry, retail farm equipment and processing. The company operates a processing poultry meat operation, breeder barns for producing selected genetic broiler chicken crosses, chick hatchery, feed mill, table egg division and grading facility, a retail division for farm furnace and diesel fuel, farm equipment division, and an outlet store. “ACA is an integral part of Nova Scotia’s agricultural industry, which generates about $450 million in the province,” said acting Agriculture Minister, Ron Chisholm. “Along with chicken, it processes nearly all of the turkeys available in Nova Scotia and 25 per cent of our eggs, offering people the opportunity to buy local food products.” The company’s major customers include Sobeys, Co-op Atlantic, Sysco Food Service and commodity markets in Ontario and Quebec. Its annual sales exceed $110 million. “We take great pride in producing top-quality products for our customers and playing an important role in our industry,” said Sue Payne, chief executive officer of ACA Co-operative Ltd. “With this investment, we will continue to contribute to the industry and support our community.” The Industrial Expansion Fund is one method used by the government of Nova Scotia to support economic development in the province. The Industrial Expansion Fund has considerable flexibility in the amount and type of funding it can provide.last_img read more

BJP asserts bridge between India Sri Lanka must not be damaged

In a promo for its upcoming show, the channel quotes an archaeologist that the rocks on top of sand pre-date the sand.“This is what the BJP has been saying all along,” minister of state for home affairs Kiren Rijiju said. His cabinet colleague and law minister Ravi Shankar Prasad also hit out at the UPA government for an affidavit in the Supreme Court that had questioned the belief among Hindus that the land bridge was built by Lord Ram to reach then Lanka to rescue his wife Sita, as depicted in the epic Ramayana. The claim made in a new show of a US science channel that the ‘Ram Setu’ between India and Sri Lanka is man-made has reaffirmed the party’s stand on the issue, India’s ruling BJP said Wednesday, asserting that it believes in the existence of Lord Ram.“It is unfortunate that the Congress has always been apologetic when it came to respecting Hindu religion. I wish once and for all this debate (on Ram Setu) is settled. We should respect Ram Setu and no damage should be done to it,” Union minister Piyush Goyal told a press conference at the BJP headquarters. The BJP, Goyal said, is not apologetic about its love for Lord Ram and for the party functionaries he was an ideal human being.“A secular democratic framework allows each Indian to respect his religion. We are proud of our religion and we are proud of every religion in India,” he said, according to the Hindustan Times. “Those who filed the affidavit should explain now. The research has supported what the BJP has been claiming all along…The setu is part of our cultural heritage,” Prasad told reporters. read more