Exporter risk protection is one of the projects
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.