The Canada Grains Council (CGC) will
receive more than $430,000 to develop a pilot insurance product for grain
exporters to address the risks they face of having their shipments rejected at
the border of the importing country, federal Agriculture Minister \Marie-Claude
Bibeau announced this week.
“The Government of Canada wants to
insure that grain farmers are protected against the unpredictability of the
international market and the risks of regulatory trade barriers, particularly
around the input residues on seeds,” she said.
.
She said it will help meet the goal of increasing
agri-food exports to $75 billion by 2025.
The Canadian
Grain Commission will also receive $789,558 to develop a code of practice for
farm production of Canadian grains. The voluntary codes are led by farmers.
