Sweet program for Ontario farmers
for paNOW
There’s a major agricultural election issue in Ontario that Prairie farmers don’t fully appreciate. The province of Ontario has developed a Risk Management Program for all its non-supply managed agriculture sectors. The program provides revenue insurance based on prices that are related to cost of production.
On March 29, Ontario announced a budget of $150 million for the Risk Management Program and the province is going after the feds for cost sharing. The program has a lot of support among Ontario farmers and there’s a lot of pressure being applied to have the feds come on board.
So far the federal Conservatives say they won’t support the program, but the Liberals say they will. For the Liberals, this is good politics, but it’s probably bad policy.