Ottawa — A recent meeting of the country’s agriculture ministers failed in providing effective support for farmers facing challenges, Grain Growers of Canada chair Jeff Nielsen says. Only minor changes were made to AgriStability, the main priority item on the agenda for the Ottawa meeting held Tuesday. Federal Agriculture Minister Marie-Claude Bibeau and her provincial […] Read more
Tag Archives agristability — page 7
Grain groups give low marks to AgriStability tweaks
Feds, provinces plan minor tweaks to AgriStability
Ottawa — Minor changes are coming to AgriStability following Tuesday’s meeting between federal Agriculture Minister Marie-Claude Bibeau and her provincial counterparts. Major changes, however, will have to wait. A full review of federal business risk management (BRM) will be completed in April, with the findings discussed when the federal, provincial and territorial ministers meet again […] Read more
Liberals pledge revamp of federal farm lender
The federal Liberals’ platform heading into the Oct. 21 election calls for an “expanded and enhanced” role for Farm Credit Canada in supporting the country’s agriculture and agrifood sectors. Platform documents released Sunday last week (Sept. 29) call for the merger of several existing federal financial and advisory services — which the Liberals said are […] Read more
Agriculture support programs inadequate in new trade environment
Agriculture groups are concerned existing programs won’t measure up while other countries pile billions into support for their farmers
Farm leaders are worried the current suite of government risk management programs are ill-prepared to help Ontario farmers through tough times brought on by trade wars. Solid farm income over the past decade means reference margins will really have to dive in order to trigger payments from existing programs, industry sources say. The programs were […] Read more
Ag ministers aim for AgriStability upgrades for 2020
Coming out of their meeting in Quebec City, Canada’s federal, provincial and territorial ministers for agriculture say they plan to meet again before year’s end to see about improving the AgriStability program for 2020. In a statement Friday, the ministers said they discussed “adjustments that could improve existing (business risk management) programs to address the […] Read more
China, drought, debt shake Canadian farm finances
Winnipeg/Ottawa | Reuters — For years, the financial stability of Canadian farmers was the envy of their U.S. counterparts, but rising costs, drought and a dispute with China have weakened their bottom lines. Net incomes plunged last year, and that setback was followed in March by China’s halting purchases of canola, Canada’s biggest crop. Now […] Read more
Timing not yet set on expanded advance payments for canola
MarketsFarm — With no clear end in sight to the dispute between China and Canada over Canadian canola, producers are anxious to know how and when they might access support programs to maintain cash flow. Since plans to help canola growers through expansions to the federal Advance Payments Program (APP) were announced May 1, there […] Read more
APP pumped up, AgriStability deadline extended against China canola ban
The federal Advance Payments Program’s loan limits and interest-free portions will be raised and the deadline for AgriStability enrolment extended in a bid to help Canadian canola growers with cash flow. Agriculture Minister Marie-Claude Bibeau and International Trade Diversification Minister Jim Carr on Wednesday announced the expansions and extensions along with plans to engage other […] Read more
B.C. grants late AgriStability enrolment for 2018
Fire, flooding and a drop in raspberry prices in 2018 have spurred the federal and British Columbia governments to trigger the AgriStability late-participation mechanism. Agriculture Minister Marie-Claude Bibeau and her provincial counterpart Lana Popham, at an event Monday in Vernon, B.C., invoked the new late-participation rule for the 2018 AgriStability program year, “to help farmers […] 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
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