The federal budget announced today does not appear to include more money for business risk management programs and other federal-provincial cost-shared programs.
The budget acknowledged that the next Canadian Agricultural Partnership is to be signed this year and highlights current spending.
However, some farm organizations have said the envelope needs to be increased to better reflect current prices and market conditions.
Read Also
Russian wheat exports start to pick up the pace
Russia has had a slow start for its 2025-26 wheat export program, but the pace is starting to pick up and that is a bearish factor for prices.
The budget document said agriculture has been a cornerstone of the Canadian economy for generations.
“Canada’s farmers are counted upon to feed Canadians and the world, a task that is even more important today due to increasing food insecurity stemming from Russia’s illegal invasion of Ukraine,” it said.
“Federal, provincial and territorial governments will work together over the coming year to renew the programs under the next agricultural policy framework.”
Budget allocations related to agriculture were largely included in the emissions reduction plan released last week.
Contact karen.briere@producer.com
