Reading Time: 3 minutes 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
No timeline yet set for BRM reforms
Changes put on hold along with ministers' meeting
COVID-19 strains already-battered Ontario beef industry
Limited processing capacity remains financial challenge for province's feedlot sector, despite recent increase in retail demand
Reading Time: 3 minutes Ontario’s beef industry was already in the midst of an economic crisis, but COVID-19 is worsening the financial toll on the province’s cattle feeders. Due to extremely limited processing plant capacity, an uncompetitive market and disruptions to trade and market access, Ontario’s beef industry was losing an average of more than $2 million per week […] Read more
CFA seeks immediate cash for farmers
Farm and industry leaders say more needed beyond measures already announced
Reading Time: 3 minutes 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
Beef sector mobilizes against supply disruptions
Keeping border open, meeting demand for beef are top priorities
Reading Time: 2 minutes 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
Reading Time: 3 minutes 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
Feds, provinces plan minor tweaks to AgriStability
Reading Time: 3 minutes 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
Reading Time: 2 minutes 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
Reading Time: 2 minutes 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
Reading Time: 2 minutes 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
Business risk management options for Canadian farmers in 2018
Government farm business risk programs are evolving, especially in Quebec
Reading Time: 7 minutes As farmers know well, risks to financial success in any year are many. Weather, crop and livestock health issues, market factors and spiking input costs are perennial threats, and they are all as large or larger than ever in 2018. Itβs why business risk management (BRM) programs are so very important. Federally, AgriStability provides support […] Read more