Canadian Foodgrains Bank Signs New $125 Million Funding Agreement with Canadian Government

10
.27

More assistance for more people in the developing world—that’s what a new five-year funding agreement for $125 million from the Canadian International Development Agency (CIDA) means for Canadian Foodgrains Bank.

The Salvation Army has been a member of the Canadian Foodgrains Bank since 1996.

The new agreement, which was announced October 26 in Ottawa by the Honorable Beverley J. Oda, Minister of International Cooperation, will provide the Foodgrains Bank—a partnership of 15 churches and church agencies working together to end global hunger—with $25 million a year in matching funds for food assistance work in the developing world.

“We are proud to recognize the Canadian Foodgrains Bank as Canada’s biggest contributor to ending global hunger” said Minister Oda. “It reflects the values of hard work and compassion shared by all Canadians. Thanks to the churches, community organizations, businesses and individuals who have made a commitment to CFGB. You are making a difference for millions of people suffering in emergency and chronic hunger situations worldwide.”

The funding will enable the Foodgrains Bank to “reach many more people with food and other assistance, and to do so in a timely way.”

This includes continuing to respond in East Africa, where the organization’s long-standing partnership with CIDA “allowed us to respond to the food crisis long before it was in the news, and will enable us to continue providing assistance during the recovery process long after the news cameras are turned off.”

This year the Foodgrains Bank has committed 64 projects in 26 countries worth $21 million, including $8.8 million for people suffering from drought in East Africa.

Last year the Foodgrains Bank provided $38 million of assistance for 2.3 million people in 35 countries. Since its founding in 1983, the Foodgrains Bank has provided over $500 million of assistance for people in 80 countries, including 1.1 million tonnes of food assistance.

 

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