News From SCIC

SCIC is excited to offer virtual information sessions to provide you with more information on our suite of Business Risk Management Programs.

On Monday, November 1, 2021, the 2021 Canada-Saskatchewan Drought Response Initiative launched the application for its second payment. Producers can now complete an application form, detailing eligible livestock inventory as of December 31, 2021, and the Extraordinary Costs Self-Assessment. Payment Two requires a Premises Identification Number.

Producers who purchased a Livestock Price Insurance (LPI) policy are reminded they enter their claim window in the final four weeks of their policy. Settlement values reflect weekly market conditions and are determined using data collected from various auction markets across western Canada.

Today, Agriculture Minister David Marit announced details of the AgriRecovery program, now referred to as the 2021 Canada-Saskatchewan Drought Response Initiative. Producers can submit applications toward the Initiative on September 1, 2021.