The federal government is investing $786,921
in Farm Management Canada to develop a new online agricultural risk-management
tool called “AgriShield”.
It will provide real-time assessments
of the potential negative impact of risks to farm businesses and provide an
outline of measures that could be taken to reduce the impact on their finances.
“For example,” says the government ‘if
an overland flood situation is imminent, the tool can help farmers to assess
the degree of risk they face and potential mitigation measures that they can adopt,
such as tile draining or insurance coverage.”