News From SCIC

Stop by and chat with the SCIC Executive Management Team at the 2022 Crop Production Show in Saskatoon, Saskatchewan! Your feedback is important to us as we work to ensure our business risk management programs remain relevant and meet the needs of today’s producers.

The federal and provincial governments have agreed to increase the 2021 AgriStability interim benefit payment percentage from 50 per cent to 75 per cent for Saskatchewan producers.

During today’s virtual meeting of Canada’s federal, provincial, and territorial (FPT) Ministers of Agriculture[1], Ministers agreed to remove the reference margin limit for AgriStability, one of the business risk management (BRM) programs under the Canadian Agricultural Partnership. The removal of the reference margin limit will be made retroactive to the 2020 program year. In addition, the deadline for producers to enrol in the 2021 program year will be extended to June 30, 2021.

Today, Federal Minister of Agriculture and Agri-Food Marie-Claude Bibeau and Saskatchewan Deputy Premier and Finance Minister Donna Harpauer announced enhancements to the 2021 Crop Insurance Program. This year, Crop Insurance coverage will reach a record level due to higher commodity prices and increased yield coverage.