The Government of Canada is committed to working with agricultural industry partners and the private sector to explore and develop new risk management tools that meet the needs of Canadian farmers when faced with serious challenges beyond their control.
Member of Parliament for Mission — Matsqui — Fraser Canyon, Jati Sidhu, on behalf of Minister of Agriculture and Agri-Food, Lawrence MacAulay, today announced a $124,000 investment for BC Agriculture Council (BCAC) to develop a generic risk assessment framework that could be adapted and used by different commodity sectors to identify risks, potential mitigation strategies and tools for each unique sector. Using feedback from commodity organizations, the project will examine the economic impact of various risks (i.e., production, financial, market, or other types of risks) and then demonstrate the use of that risk assessment tool on sectors, including greenhouse/nursery, cattle, grain and blueberry.
Source : Agriculture and Agri-Food Canada