Grain farming in Ontario has a significant and growing economic impact in the province and across the country. That’s the conclusion of a recent study from business accounting firm MNP prepared for the Grain Farmers of Ontario. The study, titled: Economic Impact Analysis of Grain Farming in Ontario, found that the industry created $27 billion… Read More
Category: Business Risk Management
Agriculture Minister Lawrence MacAulay and his staff are looking for ways to reduce the federal agriculture budget by three per cent, in line with what’s been asked of other federal departments. That’s one of the pieces of information gleaned from a one-on-one interview with Minister MacAulay, recorded Thursday, Nov. 9. MacAulay says he never dreamed… Read More
The federal government, along with the provincial governments of Alberta, B.C., and Saskatchewan, have announced a total commitment of $365 million for AgriRecovery programs to help livestock producers affected by drought and wildfires this past summer. The awaited AgriRecovery funding, application details and timelines were announced on Friday, Oct 20. The total federal commitment to… Read More
Details on anticipated AgriRecovery programs to assist drought-stricken livestock producers in Alberta and Saskatchewan could be coming soon — possibly in the next week, according to Saskatchewan’s agriculture minister. Federal officials signalled back in August that they had agreed to move ahead on offering AgriRecovery disaster relief programs together with the Alberta and Saskatchewan governments…. Read More
The Governments of Canada and Saskatchewan are reporting a record-breaking level of payments under the Saskatchewan Crop Insurance Corporation (SCIC) Forage Rainfall Insurance Program. Total 2023 program indemnities paid have totalled $60.4 million across SCIC’s 17 forage risk zones. A forage rainfall claim is triggered when the precipitation at a selected weather station is below… Read More
Details and timelines have yet to be determined, but the federal and provincial governments in Alberta and Saskatchewan have agreed to move ahead on offering AgriRecovery disaster relief programs for livestock producers affected by drought in 2023. Both Prairie provinces submitted requests for AgriRecovery assessments in July. Any program under AgriRecovery is cost-shared on a… Read More
The Alberta and federal governments have decided to reopen the 2023 AgriStability program to help producers affected by drought and wildfires since the original April 30 enrolment deadline. Farmers and ranchers can now sign up for AgriStability through Alberta’s Agriculture Financial Services Corporation (AFSC) until September 29. “Our government has listened to farmers and ranchers… Read More
Every year, Olds College of Agriculture and Technology announces a Partner of The Year award. This year, Agriculture Financial Services Corporation (AFSC) is the recipient. The award was presented at AgSmart held at Olds, Alta., earlier this week. The award recognizes the successful joint initiatives undertaken by AFSC and Olds College. Notable projects include initiatives… Read More
Premier Doug Ford’s government released its latest budget for Ontario, with a major focus on health care and housing. Tucked in the budget, however, are a few items directly or indirectly applicable to agriculture in the province, including a focus on improving veterinary access in under-serviced areas, support for trades, and a manufacturing credit. In… Read More
Saskatchewan has announced particulars of the five-year, federal/provincial Sustainable Canadian Agricultural Partnership (SCAP). The $485 million program will focus on five priority areas: Building Sector Capacity, Growth and Competitiveness: $176.6 million to build the agriculture sector capacity, ensuring growth and competitive advantages Climate Change and Environment: $53.4 million to support long-term resiliency and sustainability of… Read More