Risk Management
Growing Forward 2: 2013-2018
Federal, provincial and territorial (FPT) Ministers of Agriculture have reached agreement on the five-year Growing Forward 2 policy framework. Governments will continue to deliver a complete and effective suite of business risk management (BRM) programs. New program parameters are in place as of April 1, 2013.
Business Risk Management (BRM) programs are in place to help farmers in managing risks from income declines resulting from drought, flooding, low prices, and increased input costs. The programs work together by providing protection for different types of losses, as well as cash flow options.
- AgriInvest helps cover small margin declines. AgriInvest Publications and Forms
- AgriStability assists in cases of large margin declines caused by circumstances such as low prices and rising input costs. AgriStability Publications and Forms
- AgriInsurance (MASC) offers protection for production losses related to specific crops or commodities caused by natural hazards.
- Western Livestock Price Insurance Program is a new risk management tool for cattle and hog producers in Western Canada to help withstand volatility in the market.
- AgriRecovery helps producers return their farm businesses to operation following disaster situations.
- Advance Payments Program is a complementary federal-only program to help crop and livestock producers with cash flow and provides flexibility for marketing of commodities.
Access your "My AAFC Account" for online AgriInvest and Advance Payments Program account services.
Read about what’s in effect for the 2013 program year.
Learn more about plans for Growing Forward 2 in Manitoba.
Successfully managing and planning your business success starts with you. Contact your local Manitoba Agriculture Office for the support, advice and resources you need to make sound decisions for the continued success of your farm business. If you have questions, email us and a farm management specialist will contact you.