Support for Farmers Facing Extreme Weather

OTTAWA: Gerald Soroka Member of Parliament for Yellowhead wishes to advise that the Minister of Agriculture and Agri-Food Canada has announced support and resources for producers in areas affected by extreme weather. The early designation of the Livestock Tax Deferral provision for prescribed drought regions will allow beef producers who are forced to sell a significant amount of their breeding herd due to drought conditions to offset the resulting revenues with the costs to replace the herd.
Also announced was federal support to all Prairie provinces for immediate bilateral adjustments to the cost-shared AgriInsurance program to make drought-damaged crops available for feed.
AgriRecovery assessments are underway which could include direct assistance to producers for the added cost of livestock feed, transportation and water infrastructure.
Provinces affected by drought can invoke the late participation provision of AgriStability as well as apply for interim payments.