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Scott Moe discusses plans to lift the PST off insurance premiums in a Canadian Taxpayers Federation video. (CTF video screengrab via YouTube)
General, Weather

Saskatchewan pulls sales tax off farm insurance

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Saskatchewan’s provincial government has reinstated a provincial sales tax (PST) exemption for agriculture, health and life insurance premiums. Premier Scott Moe on Monday announced the exemption will take effect retroactive to Aug. 1 last year, when the PST was first applied to insurance. The province said the exemption will include PST on premiums paid for […] Read more
(FarmersEdge.ca)
Crops, Machinery, Weather

Farmers Edge to use data to edge into insurance sector

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Farmers Edge has signed a four-year agreement with global reinsurance company PartnerRe to bring precision farming technology together with ag insurance. Under the agreement announced this week, the two companies plan to work together to develop new insurance products for the agricultural market. While Canadian farmers have access to government-run, subsidized crop insurance programs, as […] Read more
(Government of Alberta via Flickr)
Crops, Weather

Alberta pledges ‘streamlined’ crop insurance inspections

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Alberta’s provincial crop insurance agency will “streamline” its inspection procedures to better deal with unharvested acres from last fall, the government said Wednesday. The announcement from provincial Agriculture Minister Oneil Carlier follows a conference call with officials from Agriculture Financial Services Corp. (AFSC) and from the province’s wheat, barley, canola and pulse grower commissions. “Balancing […] Read more
Photo: File
Crops, Weather

Alberta farm groups want provincial action on unharvested crops

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A coalition of Alberta farm groups calling itself “Team Alberta” is meeting with the province’s agriculture minister and representatives from the Agriculture Financial Services Corporation (AFSC) on Wednesday seeking immediate action regarding approximately one million unharvested acres still sitting in farmers’ fields. They are recommending that farmers in the hardest hit areas of Alberta be […] Read more
Cover crops, including radish, have grown increasingly popular across Canada.
Crops

OMAFRA seen needing a soil health ‘tuneup’

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Ontario’s environmental commissioner is calling on the provincial ag ministry to rebuild its soil health expertise and find ways to encourage farmers to adopt soil-friendly production practices, to deal with what she calls a “catastrophic” loss in soil organic matter levels. The report recommends better soil carbon level monitoring and 10-year programs to financially encourage […] Read more
(Rahr.com)
Barley, Crops, Weather

Alberta to launch malt barley insurance

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Alberta is set to launch Canada’s first crop insurance product for malt barley this year. The province’s Agriculture Financial Services Corp. (AFSC) last week said it will now provide insurance coverage for a malting end-use for growers with malt barley contracts. The coverage is subject to a contract from a licensed buyer, with a minimum […] Read more
(Dave Bedard photo)
Crops, Reuters, Weather

Cargill to sell crop insurance unit to Silveus

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Reuters — Global commodities trader Cargill will sell its crop insurance business to the Silveus Insurance Group next month, the two companies said Tuesday. The deal will close the second week in January, said Tyler Silveus, CEO for Silveus, based in Warsaw, Indiana. “We are not disclosing terms of the deal, other than we are […] Read more

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