Due to the uncertain trade environment and unfavourable climate conditions in parts of Canada, ag ministers are enhancing the AgriStability program. They met virtually when Manitoba wildfires forced the cancellation of in-person meetings in Winnipeg in mid-July.
For the 2025 program year only, the compensation rate will be increased from 80 per cent to 90 per cent and the maximum payment limit will be increased from $3 million to $6 million.In addition, for AgriStability, starting in the 2026 program year, provinces and territories will have the option to use a new inventory valuation method for inventories destined to be used on-farm.
Federal-provincial-territorial ministers are working together to increase interprovincial trade of food. Ministers discussed a variety of options, including ways to remove barriers to internal food trade and identify new trade opportunities.
FPT Ministers highlighted the critical importance of joint efforts across governments to maintain, expand and diversify international market access. In support of this work, Ministers discussed the federal Indo-Pacific Agriculture and Agri-Food Office and other resources in the region.
The annual conference of FPT Ministers of Agriculture will take place in-person in Winnipeg, Manitoba September 7-9, 2025.
Source : The Grower