CGC Plans Move to Group Insurance Model, Comment Period Open now

Changes to the Canadian Grain Commission are in the works, and farmers, grain handlers and industry stakeholders are all encouraged to take a look at the proposed move to an insurance-based model for grain security as a condition of licensing approval.

Remi Gosselin, manager of communications for the CGC, says that this change, currently published in the Canada Gazette, will not only save money for the CGC, licensees and farmers, but it should also reduce the risk of farmers not getting paid. Should defaults occur, the new streamlined policy should mean farmers receive settlements faster. In the audio interview above, Gosselin explains how the process differs from the current means of security against bought grain, the benefits of the new system and when the changes will take place.

For those interested in commenting, which is a part of the Gazetting process, you’ll have until early November to do so, so don’t wait. To read the entry in the Gazette and to find out how to submit your comments, click here.


RealAgriculture News Team

A team effort of RealAgriculture's videographers and editorial staff to make sure that you have the latest in what is happening in agriculture.


Cool in the east, dry in the west & similarities to 1936: Drew Lerner’s summer outlook

A transition between weather patterns over the next three weeks will go a long way in determining the kind of weather we can expect for the rest of summer, while potentially offering some short-term relief in dry areas, according to Drew Lerner of World Weather Inc. Lerner joined RealAg Radio on Wednesday to discuss his…Read more ยป


Leave a Reply