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Tag Archives business risk management — page 2

Study highlights economic impact and funding shortfall of RMP/SDRM programs
News

Study highlights economic impact and funding shortfall of RMP/SDRM programs

Study results come at an important time as farm sectors struggle with inflation

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The Ontario Agriculture Sustainability Coalition (OASC) has released results of a new study examining the economic impact that Ontario’s Risk Management Program (RMP) and Self-Directed Risk Management Program (SDRM) have on Ontario farms, farm production and the broader Ontario economy.  Highlights of the study include:  Every dollar spent on RMP/SDRM leads to $2.01 – $3.60 […] Read more
(Sollio Co-operative Group video screengrab via YouTube)
Livestock, Markets

Pork packer Olymel laying off dozens of managers

Market unpredictability, 'growth challenges' cited

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Major Canadian pork and poultry packer Olymel has laid off 57 people from its management ranks and eliminated another 120 administrative positions, citing the company’s current “market context and growth challenges.” Olymel, the meat packing arm of Quebec-based Sollio Cooperative Group, said Tuesday its affected employees were notified Monday and have received their layoff notices. […] Read more
Will tying eco-goals to risk management programs work?
News

Will tying eco-goals to risk management programs work?

Reduced participation and resource drain are real concerns, according to new report

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The federal government recently confirmed that climate-focused environmental programming will be integrated into Canada’s farm Business Risk Management (BRM) programs. A research paper from the Canadian Agri-Food Policy Institute (CAPI) questions whether the strategy will achieve greenhouse gas reduction goals.  Why it matters: Business Risk Management programs must be improved if cross-compliance with environmental programming […] Read more
Federal Agriculture Minister Marie-Claude Bibeau (second from left) and Nate Horner (right), her Alberta counterpart, during a tour of Olds College’s Smart Farm on Thursday. (Photo: Olds College/Sergei Belski, www.oldscollege.ca)
Livestock

Alberta looks for feed, Ottawa promises cash for B.C.

Alberta to help with veterinary testing after B.C.'s lab flooded, Alberta ag minister says

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Even though supplies are low because of drought, Alberta is looking for feed to send to B.C. livestock producers, while Ottawa will provide emergency financial assistance to farmers dealing with flooding and closed roads in the hard-hit province. “We’ve been working with the B.C. department of agriculture,” Alberta Agriculture Minister Nate Horner said during a […] Read more
Marie-Claude Bibeau, Dave Epp, Yves Perron and Alistair MacGregor laid out their parties’ positions in an agriculture leaders’ debate on Sept. 9, 2021. (Video screengrab from Canadian Federation of Agriculture via YouTube)

Federal support for farmers focus of ag leaders’ debate

AgriStability, carbon levy exemptions, supply management among topics

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An agricultural debate ahead of the federal election gave representatives from political parties an opportunity to pitch their ideas to producers, resulting in debate over how best to support farmers. Thursday evening’s debate, hosted by the Canadian Federation of Agriculture, had plenty of discussion about climate change and how best to support producers in a […] Read more
File photo of the flags of Canada and its provinces and territories at Canada Place in Vancouver. (lilly3/iStock/Getty Images)
Machinery, Markets

Feds launch consultations on next ag policy framework

Programming types, cost-sharing among expected contentious points

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Consultations for Canada’s next agricultural policy framework are officially underway. The five-year framework agreement currently in place, known as the Canadian Agricultural Partnership (CAP), is a $3 billion funding deal between federal, provincial and territorial governments that funds a wide range of programming within the sector. That deal, agreed upon in mid-2017, kicked off in […] Read more
The federal government is willing to unlock $45 million to increase compensation rates to farmers, so long as the provinces agree to collectively contribute $30 million.
News

Opinion: The feds came with cash for AgriStability, but Prairie provinces are holdouts

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Provinces expressing disappointment with the federal government for not putting its share of AgriStability funding on the table are being disingenuous and failing to take their share of responsibility for reform talks that failed largely due to their tight pockets. The AgriStability saga between Prairie provinces and the federal government continues, despite the two sides […] Read more
Federal Agriculture Minister Marie-Claude Bibeau speaks to media in Winnipeg on Feb. 13, 2020. (Dave Bedard photo)

Yes or no now on AgriStability changes, ag minister says

Farm and commodity groups line up to press provinces for decision

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Ottawa’s proposals for changes to the AgriStability farm income stabilization program require a yes or no answer from participating provinces, not more discussion, the federal ag minister said Wednesday. “It has been just over 110 days since we made the offer to the provinces to improve AgriStability,” Agriculture Minister Marie-Claude Bibeau and Winnipeg MP Jim […] Read more
(Bob_bosewell/iStock/Getty Images)
Markets

Budget could include new BRM program, ag labour plan

Proposal for 'AgriResilience' program goes to Freeland

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A new pre-budget report from the House of Commons’ finance committee is recommending several measures directly related to agriculture — including sought-after tweaks to AgriStability and creation of an entirely new business risk management program. The multipartisan committee heard testimony and received submissions from more than 800 groups and individuals. Mostly-virtual meetings took place in […] Read more
(Glacier FarmMedia Network photo)

Provinces’ feet held to fire on AgriStability

Ministers' meeting co-chairs push for progress to allow changes to be made retroactive for 2020

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The co-chairs of Canada’s agriculture ministers’ meeting are pushing to get proposed improvements to AgriStability in place sooner than later. Federal Agriculture Minister Marie-Claude Bibeau and her Ontario counterpart, Ernie Hardeman, “urge all provincial and territorial ministers to support the proposed changes to the AgriStability program,” they said in a joint statement Tuesday. At a […] Read more

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