The CCA has been steady in our advocacy to make changes to the AgriStability program. On March 25, following a Federal-Provincial-Territorial meeting, FPT Ministers agreed to the removal of the reference margin limit (RML) within AgriStability. Removing the RML will go a long way in making AgriStability more predictable and equitable for beef producers and better position the industry to contribute to Canada’s economic recovery. CCA is also encouraged that with the announcement, the April 30 enrollment deadline has been extended to June 30, 2021 and the removal of the RML is retroactive to 2020.
While CCA is disappointed governments could not yet agree to the compensation rate change, we understand that the original Federal government’s offer of an increase to the rate from 70 per cent to 80 per cent remains on the table for cost-shared improvements to the compensation rate. CCA encourages all FPT Ministers to continue productive discussions on changes to agriculture risk management programs in Canada.
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