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Canadian Agricultural Income Stabilization (CAIS) and related programming (Business Risk Management Tools )


Lead Department: Agriculture and Agri-Food Canada
Start Date of the Horizontal Initiative:
April 1, 2003
For Agricultural Policy Framework (APF) - Business Risk Management funding.
End Date of the Horizontal Initiative: March 31, 2008
For APF-Business Risk Management funding.

Total Federal Funding Allocation:

$2.4 billion + $65.0 million for fiscal year 2004/2005.

Description

The CAIS program is one of two core business risk management programs available to producers under the APF. The other core program is Production Insurance.  CAIS integrates stabilization and disaster protection into a single program, helping producers protect their farming operations from both small and large drops in income.  CAIS replaces the Canadian Farm Income Program (CFIP) and net Income Stabilization Account (NISA) program, both of which ended with the 2002 stabilization year.  The 2004-2005 fiscal year also incouded residual payments to producers under CFIP.


Shared Outcome(s)

Helping producers protect their farming operations from drops in income due to circumstances beyond their control.


Governance Structures

The CAIS program is part of the comprehensive APF developed by federal, provincial and territorial Ministers of Agriculture, and falls under the Business Risk Management priority. Funding is 60% federal and 40% provincial.

The CAIS program is delivered in British Columbia, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Newfoundland and Labrador, and Yukon by a federal administration.

In Alberta, Ontario, Quebec, and Prince Edward Island, the CAIS program is delivered provincially.


Partners

Agriculture and Agri-Food Canada (AAFC)


Contact

Michele Taylor
Executive Director, Farm Income Programs Directorate
Farm Financial Programs Branch
(204) 984-5645