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Growing Forward

Growing Forward. Canada’s New Agricultural Policy Framework. Agricultural Policy in Canada. Federal and Provincial (and Territorial) responsibility The Agricultural Policy Framework (APF) agreement in 2003, 5-year program Spending priorities outlined in the APF

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Growing Forward

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  1. Growing Forward Canada’s New Agricultural Policy Framework

  2. Agricultural Policy in Canada • Federal and Provincial (and Territorial) responsibility • The Agricultural Policy Framework (APF) agreement in 2003, 5-year program • Spending priorities outlined in the APF • Program funding by Federal and Provincial governments

  3. APF Characteristics (5 Pillars) • Business Risk Management – program payments, crop insurance • Food Safety and Quality - traceability • Science and Innovation – new crops and opportunities • Environment – enhance soil, water and air quality, and biodiversity • Renewal – skills development/extension

  4. Business Risk Management • AgriInvest – producer accounts to help cover margin declines • AgriStability – to cover large margin declines • AgriInsurance – crop insurance • AgriRecovery – disaster at a regional level • Advance Payments Program – cash advances to help with cash flow • http://www.agr.gc.ca/agriinvest

  5. AgriInvest • A producer account from which payments area made to the producer (account can not go into deficit), also only margin declines of less than 15% • Payment used to address a small margin decline • Producer deposits of up to 1.5% of allowable net annual sales • Producer money is matched by government • Supply managed commodities not covered

  6. AgriStability • Provides support when a large margin decline is experienced • For margin declines of greater than 15% • Whole farm support, targeted to individual producers

  7. AgriInsurance • Includes existing production insurance programs • Expanded to include additional commodities • Payments made when a production loss is incurred (drought, frost, flood, …) • Delivered by the provinces

  8. AgriRecovery • Government response to disasters in a specific region or industy • Assistance is to be ‘rapid’

  9. Advance Payments Program • Cash advances available to producers (mainly annual cropping) • To provide cash flow throughout the year (especially in the spring-early summer)

  10. The End

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