Crop insurance act amendments proposal for 1990 year
Federal act outlines provincial responsibility for crop insurance and proposes changes after consultations. Key points include using average yields, 80 percent coverage, indemnities from market or cost of production prices, risk splitting, and adjusting or removing current cost sharing between producers and governments.
MENTIONED IN THIS ARTICLE
Canada
Quebec
Newfoundland
Crop insurance changes to aid farmers and risk management
The document outlines proposed amendments to crop insurance including new and minor crop provisions, enhanced regulatory flexibility, and Ministerial power to limit federal contributions if provincial environmental controls fail. It supports risk splitting, five year agreements, and review after five years, aiming to boost producer participation and program administration while aligning with trade rules.
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Minister of Agriculture
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