Provinces on board with Agristability reforms

 

 Federal Agriculture Minister Heath MacDonald said the provinces are willing to improve AgriStability for the 2025 program year by increasing the compensation rate and payment cap.

Former Agriculture Minister Kody Blois announced the changes when he was briefly in charge,

The compensation rate will increase from 80 to 90 per cent and the maximum will imcrease from $3 to $6 million. However, provinces have to agree in order for the changes to occur.

MacDonald said after a July 17 virtual meeting ministers were “receptive” to this plan and agreed to take the steps required to make the changes.

 Under the federal-provincial agreement, changes to AgriStability can only be made if two-thirds of provinces agree. They share costs.