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
Tag Archives business risk management — page 4
CFA seeks immediate cash for farmers
Farm and industry leaders say more needed beyond measures already announced
Beef sector mobilizes against supply disruptions
Keeping border open, meeting demand for beef are top priorities
Teams of livestock and government officials are quickly creating plans and policies to keep the sector functioning during the COVID-19 pandemic, says the executive vice-president of the Canadian Cattlemen’s Association. “Our primary objective obviously is to insure there is stable beef production and trade that can continue under the situation with the COVID-19 pandemic,” Dennis […] Read more
Business risk management program reforms in development
Changes expected to be announced in July
Recommendations are now being crafted for Agriculture Minister Marie-Claude Bibeau on how to improve business risk management (BRM) programs for farmers in Canada. It’s expected changes to BRM programs will be announced in July when Bibeau and her provincial counterparts meet in Guelph. The recommendations are coming after a study by MPs on the Commons […] Read more
Bibeau working to build cases on AgriStability, carbon taxes
Not all governments have same ability to find money to increase BRM funding, she says
Canada’s minister of agriculture and agri-food says she is working on building business cases for improvements to AgriStability and relief from carbon taxes on grain drying. Marie-Claude Bibeau spoke to Farmtario in a year-end interview before Christmas. Why it matters: There are several significant issues being dealt with by Bibeau and the outcomes will have […] Read more
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
Future payouts from dairy fund still up for discussion
What happens to the rest of Canada’s eight-year, $1.75 billion funding envelope to compensate its dairy farmers for other countries’ gains in market access is still up for discussion, according to the federal ag minister. In a statement Wednesday, Agriculture Minister Marie-Claude Bibeau said Ottawa gets that Canadian dairy farmers want more direct payments beyond […] 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
Grain Farmers of Ontario developing a business risk management model
Grain Farmers of Ontario is conducting an analysis of BRM programs with funding from Agriculture and Agri-Food Canada’s AgriRisk program. The analysis involves assessing and developing new program designs, as well as determining the cost of each option, based in part on a survey of approximately 1,000 grain and oilseed producers on their individual preferences […] Read more
Limitations: How much change is needed to business risk management programs?
CAPI Report: A cross-country review of business risk management programs will need to address how they encourage or impede innovation
It’s going to be a balancing act between the protection of agriculture safety net programs and the need for innovation as farmers pitch in to meet the goal of growing Canada’s food and agriculture exports. The federal government flagged agriculture as a growth area in the 2017 budget, calling for exporters to grow to $75 […] Read more
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