In Canada, Ministers of Agriculture reached agreement on the key elements of a new federal, provincial and territorial agricultural policy framework. Coming into effect on April 1, 2018, the Canadian Agricultural Partnership, a five-year, $3 billion investment, will strengthen the agriculture, agri-food and agri-based products sector, ensuring continued innovation, growth and prosperity.
The Canadian Agricultural Partnership will focus on six priority areas: Science, Research, and Innovation; Markets and Trade; Environmental Sustainability and Climate Change; Value-added Agriculture and Agri-food Processing; Public Trust; and, Risk Management. In addition, producers will continue to have access to a robust suite of Business Risk Management programs. BRM programs will continue to help producers manage significant risks that threaten the viability of their farm and are beyond their capacity to manage.
The agriculture and agri-food sector is a key growth industry in Canada, contributing over $100 billion annually to the economy and employing 2.3 million Canadians.