Business Risk Management Funding Cuts Worry CFA | Blackburn ...

Canadian Federation of Agriculture President Ron Bonnett

The Canadian Federation of Agriculture argues the Growing Forward 2 Framework is going to end up costing the government more in the long term.

Federation President Ron Bonnett says the framework cuts AgriStability funding in half and reduces the contribution levels for AgriInvest accounts.

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Bonnett says the CFA supports the innovation, research and market development focus of the framework.

But he says they?re disappointed the money cut from business risk management programs is being used to help the government balance it?s budget.

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Shocking.

That?s how Canadian Federation of Agriculture President Ron Bonnett describes the cuts he says have been made in business risk management programs in the Growing Forward 2 framework.

He says it?s even more frustrating to him that the money cut from BRM?s wasn?t moved into innovation, research and market development.

Bonnett says at least the new framework will allow for a mid-term review of those business risk management programs.

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Bonnett says the CFA would also have liked to have seen replacement programs put in place before cuts were made to existing business risk management programs.

He says he?s looking forward to some meaningful consultations with governments to flesh out details of the new framework.

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The Canadian Federation of Agriculture is critical of major cuts to business risk management programs under the Growing Forward 2 framework.

President Ron Bonnett says AgriStability funding has been cut by 50 per cent without having anything else put in place to cover the gap.

Bonnett says the CFA is strongly supportive of the innovation, research and market development focus of the new framework.

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Bonnett argues the new framework is going to result in the consistent need for ad hoc payments.

And he says those are going to end up costing the government more in the long term as well as limiting the investments producers can make into the Canadian agriculture sector.

Tags: government, Organizations, politics

This entry was posted on September 19, 2012 at 8:56 am and is filed under Canada, News. You can follow any responses to this entry through the RSS 2.0 feed.

Source: http://www.agri-media.ca/2012/09/19/business-risk-management-funding-cuts-worry-cfa/

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