July 5, 2018 – Picton, Ontario – Agriculture and Agri-Food Canada
Canada's grains and oilseeds sector is a global supplier of high quality, safe and
nutritious agri-food products and is a major economic force in Canada, creating
jobs, wealth and opportunities. The Government of Canada is committed to working
with industry partners and the private sector to explore and develop new risk management
tools that meet the needs of Canadian farmers.
Member of Parliament for Bay of Quinte, Neil Ellis, on behalf of Agriculture and
Agri-Food Minister, Lawrence MacAulay, announced a federal investment of up to $355,710
for two projects funded through AgriRisk Initiatives under the Growing Forward 2
The investment included $197,400 to Soy Canada to develop a profile of the soybean
industry, including the current and potential risks producers face, both short and
In another project, $158,310 was provided to the Grain Farmers of Ontario (GFO)
for a feasibility study concerning revenue declines not currently covered under
the current suite of business risk management programs.
Today's announcement is part of the Minister's cross country ‘Growing Canadian Agriculture'
tour which started in Quebec last week and ends in B.C. on July 17.
The Minister is meeting with farmers, processors and industry leaders, as well as
participate in rural agricultural events, to highlight strategic federal agricultural
investments and programs - including those recently launched under the Canadian
Agricultural Partnership—and how they will help to build an even stronger and more
innovative sector for Canada.
"Canada's grain and oilseeds industry is a competitive and efficient sector, known
around the world for producing high-quality, safe and sustainable foods. Providing
our farmers with the tools they need to mitigate risk helps strengthen farm businesses,
creating jobs, helping to drive our economy." - Lawrence MacAulay, Minister of Agriculture
"I am pleased that we continue to support grain and oilseed farmers in Ontario and
across the country develop the tools they need to remain strong and resilient against
the risks they face. Effective risk management helps farmers grow their businesses
and stay competitive." - Neil Ellis, Member of Parliament for Bay of Quinte
"Although soybean production in Canada increased by a phenomenal 131% during the
past decade, and now ranks third in terms of farm cash receipts, the continued success
of the sector is directly contingent upon overcoming a series of significant challenges.
The Agri-Risk Assessment and Mitigation Report not only identified and catalogued
eleven notable threats, the clear ranking of the potential magnitude of each risk
provides a solid benchmark for determining the future allocation of sector resources.
Soy Canada is already prioritizing its resources on addressing the top two risks
that were identified by the assessment: market access and protein content." - Ron
Davidson, Executive Director, Soy Canada
"The current risk management suite of programs are due for a refresh. There is need
to improve agriculture policy and programs to enhance the economic, environmental,
and social contributions of farming in Canada. The revenue risk management project
funded by AAFC is an important step to help define, not only the issues of modern
farming, but to start to explore updated and new programs that will work for today's
grain and oilseeds farmers in the same way Crop Insurance works." - Markus Haerle,
Chair, Grain Farmers of Ontario
- The Canadian Agricultural Partnership is a five-year, $3 billion investment by federal-provincial
and territorial governments (FPT), which will strengthen the agriculture, agri-food
and agri-based products sector, ensuring continued innovation, growth and prosperity.
The Partnership replaced Growing Forward 2 (2013-2018) in April 2018.
- Under the Partnership, producers continue to have access to a robust suite of Business
Risk Management programs to help manage significant risks that threaten the viability
of their farm and are beyond their capacity to manage. FPT governments will also
continue to support the development of new risk management tools through the AgriRisk
- Soy Canada is a national organization that represents every group involved in the
development, production, handling, processing and transport of soybeans. Soybeans
contribute $5.6 billion to Canada's Gross Domestic Product.
- The Grain Farmers of Ontario (GFO) is the province's largest commodity organization,
representing Ontario's 28,000 barley, corn, oat, soybean, and wheat farmers. The
crops cover 6 million acres of farm land across the province, generate over $2.5
billion in farm gate receipts and create over 40,000 jobs in the province.