Canada’s Conservatives are calling on Liberal Minister of Agriculture and Agri-Food, Marie‑Claude Bibeau, to allow farmers to access expedited help from existing business risk management programs and to develop a plan to respond in the event of partial or total crop failure from drought. A drought of this magnitude would have a disastrous impact on Canada’s supply of grain, oilseeds, pulse crops, and feed for Western beef cattle herds and greatly threaten overall food security across the country.
“Allows farmers who sell part of their breeding herd due to drought or flooding in prescribed drought or flood regions to defer a portion of sale proceeds to the following year. When prescribed regions are identified, the list is announced publicly and posted to this web page.”
Agricultural programs and services
The AgriInsurance Program
“Is a federal-provincial-producer cost-shared program that stabilizes a producer’s income by minimizing the economic effects of primarily production losses caused by severe but uncontrollable natural hazards.” Drought is included as a possible eligible peril.
The Canadian Agricultural Loans Act program
A federal loan guarantee initiative. The Lenders guidelines include a list of eligible loan purposes.
AgPal is described as a “one-stop shop for Canadian farmers and agri-businesses looking for information about agricultural resources, programs, services, market intelligence and research.” There is a database to search programs and services, with filters such as region, commodity and topic.
The Canadian Agricultural Partnership (CAP)
The Canadian Agricultural Partnership (CAP) includes both federal programs and programs cost-shared by federal, provincial and territorial governments. In the federally-funded activities and programs, Innovative and Sustainable Growth mentions “helping farmers adapt to climate change, conserve water and soil resources, and grow their businesses sustainably to meet increasing global food demand sustainably.” CAP supports projects cost-shared with Alberta.
Farm Credit Canada (FCC)
Farm Credit Canada (FCC) provides financing for agriculture, including “Financing for projects that keep your operation sustainable for the future.” The Contact Us web page will provide a local office.