
Tag Archives AgriInvest

Policy institute calls for open review of ag spending
It’s been 13 years since agricultural spending was reviewed, and some programs may no longer meet producer needs
A full-scale review of Canadian agricultural spending should be a top priority in this time of global uncertainty, said a new report from the Canadian Agri-Food Policy Institute.

Ottawa increases AgriStability compensation in face of Chinese tariffs
APAS says significant concerns remain for farmers' immediate financial challenges
Ottawa has announced support for farmers affected by the Chinese tariffs.

Ag ministers lock in next policy funding framework
AgriStability compensation rate to rise; new EGS program planned; some agmins decry feds' approach on fertilizer emission cuts
The new federal-provincial ag policy funding framework due to take effect next April 1 will include a new ecological goods and services plan and a sweetened compensation rate for AgriStability. Following meetings this week in Saskatoon, federal Agriculture Minister Marie-Claude Bibeau and her provincial and territorial counterparts on Friday mapped out the bones of their […] Read more

AgriStability proposal could have hidden cost, Pedersen warns
Manitoba's ag minister warns Bibeau's plan may hurt crop insurance, AgriInvest funding
Ottawa’s proposal for an improved AgriStability program could give farmers short-term gain for long-term pain, Manitoba’s agriculture minister Blaine Pedersen warns. At the online federal-provincial-territorial agriculture ministers’ meeting on Friday, federal Agriculture Minister Marie Claude Bibeau proposed dropping AgriStability’s maximum reference margin, and increasing the compensation rate from 70 to 80 per cent retroactively this […] Read more

Bibeau not considering closing AgriInvest accounts
Minister wouldn't order farmers to pull funds
Federal Agriculture Minister Marie-Claude Bibeau is not considering ordering producers to withdraw from their AgriInvest accounts. “Not in this way. All the options are on the table for the future, but I’ve never considered asking them to withdraw, to empty their accounts, to face COVID-19,” she said in an interview Friday. Bibeau had previously expressed […] Read more

No timeline yet set for BRM reforms
Changes put on hold along with ministers' meeting
Ottawa — Federal Agriculture Minister Marie-Claude Bibeau has confirmed any reforms to business risk management (BRM) programs are being delayed. That confirmation came during a wide-ranging media availability Bibeau held Tuesday. In March, Tom Rosser, an assistant deputy minister at Agriculture and Agri-Food Canada (AAFC), said the government is looking at a number of options […] Read more
Farm groups offer finance committee food security for thought
The Canadian Federation of Agriculture (CFA) continues to pressure the federal government to offer more support for farmers as it looks to mitigate impacts of COVID-19. One of few parliamentary functions continuing to operate in the pandemic, the Commons standing committee on finance is responsible for studying and reporting on matters related to government spending. […] Read more

CFA seeks immediate cash for farmers
Farm and industry leaders say more needed beyond measures already announced
The Canadian Federation of Agriculture wants the federal government to provide immediate stimulus to farmers through business risk management (BRM) programs as part of its ongoing response to COVID-19. At a recent board meeting, the organization representing about 200,000 farmers across Canada passed motions calling for increased funding to the AgriInvest BRM program — and […] Read more

Outside panel named for farm risk management review
A panel of 11 “external” experts from across the country has been picked to offer guidance and feedback on a federal/provincial review of farm business risk management (BRM) programming. The panel’s appointment follows an agreement by federal, provincial and territorial agriculture ministers back in July to launch a review of BRM programs, assessing those programs’ […] Read more

Ministers agree on new ag funding framework
Canada’s federal, provincial and territorial ministers for agriculture have agreed on the bones of a new five-year policy funding framework, committing them to a review of its business risk management (BRM) programming. The ministers came out of three days of meetings Friday in St. John’s with the “key elements” of a five-year, $3 billion framework, […] Read more