News From SCIC

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 enroll in the 2021 program year will be extended to June 30, 2021.

Are you wanting to learn more about the AgriStability Program? Producers can register for a virtual information session.

The federal and provincial governments have agreed to increase the 2020 AgriStability interim benefit payment percentage from 50 per cent to 75 per cent for Saskatchewan producers.

Today, Saskatchewan Agriculture Minister David Marit announced the AgriStability enrollment deadline for the 2020 program year has been extended without penalty to July 3, 2020.