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Agricultural Policy Framework: Business Risk Management
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The APF is divided into five chapters:
APF Business Risk Management I
nformation
The agricultural industry can sometimes have a precarious profit margin, given the uncertainties of weather, disease and/or pests, particularly (of late) BSE, drought, and high input costs. Consequently, Business Risk Management (BRM) tools are available to help producers mitigate the risk inherent in the industry. These tools were built on consultative partnerships between government and industry, and the Government of Alberta is committed to continually enhancing BRM programs by making them more predictable, bankable and responsive.
Programs
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The BRM Chapter houses
two main programs
:
Production Insurance (PI)
and the
Canadian Agricultural Income Stabilization (CAIS) Program
.
Other federal initiatives include:
The
Farm Improvement and Marketing Cooperatives Loans Act (FIMCLA)
Program is designed to help producers improve their agricultural assets and financial viability..
The
Advance Payments Program (APP)
provides financial loan guarantees.
The
Price Pooling Program (PPP)
provides a price guarantee that protects both the marketing agency and the producers against unexpected declines in market prices.
For more information about the content of this document, contact
Amber Gosselin
.
This information published to the web on September 25, 2007.
Last Reviewed/Revised on January 17, 2008.