Reading Time: 2 minutes Ontario’s agriculture ministry won’t be making any changes to its Risk Management Program (RMP) for the 2018 program year. Agriculture Minister Jeff Leal, in a recent letter to Grain Farmers of Ontario (GFO) chair Mark Brock, said he has decided not to proceed with interim changes to RMP for 2018, pending a review of federal/provincial […] Read more
Ontario’s RMP stays unchanged for 2018
Ministers agree on new ag funding framework
Reading Time: 3 minutes Canada’s federal, provincial and territorial ministers for agriculture have agreed on the bones of a new five-year policy funding framework, committing them to a review of its business risk management (BRM) programming. The ministers came out of three days of meetings Friday in St. John’s with the “key elements” of a five-year, $3 billion framework, […] Read more
Manitoba pulls less-loved ag tax credits in budget
Reading Time: 3 minutes More funding for agriculture innovation in Manitoba’s latest provincial budget will be offset in part by an immediate end for several of the less popular tax credits available for farm use. Provincial Finance Minister Cameron Friesen on Tuesday laid out a 2017-18 budget with an overall $840 million deficit, based on a four per cent […] Read more
Top financial tools for farmers
January is a great time to review the financial tools that help you make the best decisions
Reading Time: 4 minutes For many of us, the new year is a time of reflection. It’s an opportunity to take stock of where you’ve been, where you are, and where you’re going, both personally and professionally. This is certainly important for farmers, as January is a good month for a detailed review of the administrative side of the […] Read more
Assessing risk in the farm business
AME Management: Develop a heat chart to see how your business can be impacted by adversity
Reading Time: 3 minutes The process of assessing risk in a farm business is no different than in any other business. In agriculture, however, the types of risks in agriculture can be unique. How an individual views risk, how much they want to accept and how they manage it varies from person to person. Even so, there is a […] Read more
Que. pledges reserve to backstop risk management programs
Reading Time: < 1 minute Quebec’s agriculture ministry plans to set up a $300 million reserve fund to backstop any sudden shortfalls in provincial risk management program funds for farmers. Speaking Thursday to the provincial pork producer group, Les Eleveurs de porcs du Quebec, Agriculture Minister Pierre Paradis said the province will set up the reserve over the next two […] Read more
Manitoba seeks more climate-responsive risk management
Reading Time: < 1 minute A Manitoba provincial task force has been set up to seek ways in which farm risk management programs could be “more comprehensive and sustainable” in handling “climate-related challenges” such as floods. “Manitoba’s farmers have told us existing agricultural programs can’t adequately address these climate-related challenges, especially as they become more common,” Agriculture Minister Ron Kostyshyn […] Read more
A message from April Stewart, Country Guide's Associate Editor
