A new report suggests Canadian farmers need to proactively focus on reducing the risks now covered by government-backed business risk management (BRM) programs — but will need supports to do so.
Tag Archives agriinsurance
Editor’s Rant: Reward v. risk
Where’s the incentive for early adopters?
Governments offer aid to drought-affected Manitoba livestock producers
Manitoba and the federal governement are teaming up to support Manitoba livestock producers who are being hit hard by drought conditions.
Ontario to extend labour-related crop loss coverage
Losses due to COVID-19-related labour disruptions covered
A temporary crop insurance expansion that covers Ontario farms against crop losses due to “on-farm labour disruptions” caused by COVID-19 will be held over for yet another year. Agricorp, the province’s farm program delivery agency, announced in late December the feature first introduced in 2020 will be included again in 2022, at the same coverage […] Read more
Tax deferrals, crop insurance changes en route against drought
Assessments underway for AgriRecovery, minister says
Updated — As the federal government looks to manage impacts of ongoing drought conditions in Canada’s West, producers in parts of five provinces can already expect to be eligible for the livestock tax deferral program. Agriculture Minister Marie-Claude Bibeau announced Thursday in Winnipeg that producers in drought-designated areas of southern Alberta, southeastern British Columbia, northwestern […] Read more
Alberta crop insurer taps reserve to cut premiums
AFSC to pare premiums by 20 per cent
The reserve at Alberta’s Crown crop insurance agency will be tapped to offset the premiums charged to farmers for the 2021 crop year, and possibly for longer. The province’s Agriculture Financial Services Corp. (AFSC) said Monday its farmer customers will get a 20 per cent discount on crop insurance premiums this year — which on […] Read more
Ontario extends lost-labour production insurance
COVID-related coverage held over for 2021 program year
A temporary expansion of Ontario’s AgriInsurance program, to cover losses caused by COVID-19-related short-handedness on the farm, will be held over. The province and federal government on Dec. 22 announced the expansion of coverage will be extended to cover the 2021 program year — and that it will insure production of “additional commodities.” Further details […] Read more
Ontario to insure for crop loss due to lack of labour
AgriInsurance offering hailed as a first in Canada
Ontario’s federal/provincial AgriInsurance program has been temporarily expanded to include coronavirus-related labour shortages as a covered cause for crop loss. Producers already enrolled in an eligible production insurance plan and hit by crop losses due to labour disruptions during the 2020 growing season will be able to get further insurance coverage, the Ontario and federal […] Read more
Insurance customers’ contact info dropped into MASC email
Crown crop insurance agency warns of privacy breach
A contact list of crop insurance customers at Manitoba Agricultural Services Corp. has gone out via email to several dozen of the Crown ag insurance agency’s customers. MASC on Monday said a file containing names and contact information of an unspecified number of AgriInsurance clients was “attached in error” to an email sent last Tuesday […] Read more
COVID-19 aid ‘falls short,’ farm groups warn
Aid package includes AgriRecovery for cattle, hog sectors
Ottawa — Despite Prime Minister Justin Trudeau saying more money will be provided if needed, the agriculture sector continues to criticize Ottawa’s $252 million in COVID-19-related financial aid offered to producers and processors. “If we have to add more, we will,” said Trudeau, after announcing new funding and programming. The federal government is offering an […] Read more
P.E.I. plans AgriStability top-up, AgriInsurance discount
Province also pledges potato storage funding
Prince Edward Island’s response to COVID-19 includes plans to pump up its farmers’ coverage level under the federal/provincial AgriStability income stabilization program. The P.E.I. government on Thursday announced a support package for farmers including $8.8 million over two years in additional business risk management (BRM) program funds. That includes paying the provincial portion of the […] Read more
Cyber-Savvy Farmer
