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Agriculture Ministers from across Canada agreed in principle to a new five-year Growing Forward policy framework at their annual meeting in Whitehorse.
The current federal budget includes a $252.9 million reduction in agriculture spending over the next three years for Agriculture and Agri-Food Canada. As a result, there are some modifications to AgriStability and AgriInvest. The changes allow for an increased focus on programs that enhance research and innovation, competitiveness and market development, which are important priorities for our producers and essential to the long-term success of the industry.
Existing AgriInsurance programs will remain unchanged under the new framework. In addition, federal-provincial-territorial governments have committed to developing additional insurance options that will work for all producers.
September 14, 2012 - Agriculture and Rural Development/ Alberta/ Canada
