Farmers Edge has announced the creation of DigiAg Risk Management Inc., a subsidiary of Farmers Edge. This new unit will provide farmers across Canada with parametric insurance products, risk transfer solutions, and group benefits, the company says. DigiAg is the sole managing general agency (MGA) with access to proprietary, field-centric datasets coming directly from broadacre... Read More
Category: Business Risk Management
Prime Minister Justin Trudeau has issued mandate letters to his ministers, outlining the Liberal government's priorities for the session of Parliament that started last month. The letters were made public on Thursday (Dec. 16), 51 days after the cabinet was sworn in, and the second last day of sitting in the House of Commons before... Read More
2021 has been a tough weather year. From prolonged drought and excessive heat, to the flooding witnessed in recent weeks in British Columbia — weather disasters have had a tremendous impact on Canadian farms and agriculture businesses. Erik Davies, from Barefoot Consulting, has spent his career working on disaster recovery and risk management issues. Last... Read More
Editor's note: This story and headline were updated after the provincial government published its letter responding to APAS. The Agricultural Producers Association of Saskatchewan (APAS) and the provincial government are disagreeing publicly over the province linking drought-induced crop insurance payments with its deficit for 2021. The Saskatchewan government reported a projected record $2.7 billion deficit... Read More
The Canadian Crop Hail Association says despite reduced overall storm activity, more damaging storms resulted in a near-record level of hail insurance payments to farmers in Western Canada in 2021. With harvest wrapped up across the Prairies, the CCHA says payments totalled more than $322 million — the highest level since 2008. Premiums paid by... Read More
Addressing the shortage of workers in agriculture, "everything related to the climate transition," and preparing for an upcoming meeting with her provincial and territorial counterparts — those are the first three priorities Marie-Claude Bibeau mentions when asked about her to-do list as she returns as Canada's Minister of Agriculture and Agri-Food. Following a third consecutive... Read More
It's been approximately two months since drought relief programs were announced for Prairie livestock producers struggling to find feed supplies to maintain their herds. RealAgriculture spoke with representatives from the three Prairie provinces to get an update on the number of applications they've received and the amounts that have been paid out. Alberta Alberta has... Read More
Drought by definition, we can likely agree on. But take it on a case by case scenario, and you quickly realize it can mean a million different things. Everyone has a different perspective of dry, and that perception can change depending what year of drought it is. On a grain and oilseed farm, there is... Read More
Alberta Agriculture and Forestry Minister Devin Dreeshen has appointed longtime agriculture advocate Kelly Smith-Fraser as chair of Agriculture Financial Services Corporation’s (AFSC) board of directors. Smith-Fraser, an Alberta cattle producer with years of experience on multiple boards, brings a wealth of knowledge, proven leadership, and a passion for agriculture to the role. She has previously... Read More
The Manitoba government has opened up the process for applications and unveiled details on how livestock producers can receive funding through a pair of AgriRecovery drought programs designed to help producers move feed to their animals, or animals to feed. Agriculture and Resource Development Minister Ralph Eichler shared the news alongside leaders from Manitoba Beef... Read More