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 The Agri-Food Policy Framework - Business Risk Management
Private Sector Risk Management Partnerships

Please note that if you are looking for information on the new Canadian Agricultural Income Stabilization Program (CAIS), the former NISA and CFIP programs, risk management funding, or the Transitional Industry Support Program, you may click here:

Canadian Agricultural Income Stabilization Program (CAIS)

Despite a wide array of programs and services offered by the public and private sectors, agricultural producers in Canada have identified a number of gaps in available farm-level risk management coverage. In the development and implementation of Canada's Agricultural Policy Framework (APF), the federal, provincial and territorial governments have moved to significantly expand risk management coverage to the agricultural sector. At the same time, governments - federal, provincial and territorial - recognize the important role of the private sector in developing and delivering risk management products and services to the agricultural sector.

Agriculture and Agri-Food Canada's Private Sector Risk Management Partnerships (PSRMP) programming is designed to help the agricultural industry find risk management solutions to identifiable gaps, with products and services developed and delivered by the private sector. PSRMP will complement the federal government's ongoing investment in Canadian agriculture by assisting producers in managing their business risks, while moving the industry beyond crisis management, to long-term profitability and competitiveness.

PSRMP represents an alternative approach for governments to address gaps in farm-level agricultural risk management coverage. By facilitating an expanding role for private sector providers of risk management products and services, the PSRMP approach allows for a limited investment of public resources in industry-led projects. The result of these specified investments will be an increased capacity within the agricultural sector to manage farm business risks, supported by an increasing range of private sector risk management products and services designed to meet the needs of Canadian farmers.

Contact Information:
Further information on the Private Sector Management Partnership's initiative can be obtained by contacting us at:
1-866-299-9599 (toll free)
PSRMP-PSPGR@agr.gc.ca. (e-mail)


Date Modified:  2003-10-22 Top of Page Important Notices
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