Panel of experts established to review risk management programs
December 19, 2017 By Agriculture & Agri-Food Canada
December 19, 2017, Ottawa, Ont – Canadian farmers help drive the economy but can face risks that threaten the viability of their farms and are beyond their control such as unpredictable weather, crop or animal disease, extreme market volatility and high input costs. Under the Canadian Agricultural Partnership, which will take effect April 1, 2018, producers will continue to have access to a robust suite of Business Risk Management (BRM) programs to help manage these risks.
In July 2017, federal, provincial and territorial (FPT) ministers of agriculture agreed to undertake a review of BRM programs to assess program effectiveness and their impact on growth and innovation. An external expert panel consisting of producers, academics and experts has been established to provide feedback and guidance on the review. The panel members will support the BRM review task team made up of FPT officials who have been working on the review since the summer of 2017. This work will help inform ministers on the continued effectiveness and impact of BRM programs in meeting the future needs of the sector.
The panel will meet through the winter and spring of 2018, and their findings will be presented to FPT ministers at their annual meeting next summer in British Columbia.
“This expert panel is a group of diverse and highly capable people who will bring important perspectives to this process,” Minister of Agriculture and Agri-Food Lawrence MacAulay. “I look forward to seeing the results of their discussions as governments work to ensure these programs continue to help farmers when they need it most, enabling them to create well-paying middle class jobs and keep pace with the world’s growing demand for our high-quality products.”
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