Manure Manager

News Business/Policy Canada
Reference Margin Limit removed from AgriStability


March 26, 2021
By Top Crop Manager

Topics

As a result of today’s federal-provincial-territorial (FPT) meeting of Canada’s Ministers of Agriculture, the Reference Margin Limit (RML) has been removed from AgriStability. Marie-Claude Bibeau, federal minister of agriculture and agri-food, took to Twitter to share the news.

The removal of the RML is retroactive to 2020, meaning a farm’s level of coverage for 2020 under AgriStability will not be adjusted by the Limit, as it would have been previously.

Bibeau mentioned that the offer for increasing compensation rates to 80 per cent through cost-sharing – 60/40 between the federal and provincial governments – is still on the table.

More information will be added as it is made public.