Melville, Saskatchewan – Agriculture and Agri-Food Canada
The federal and provincial governments have agreed to increase the 2020 AgriStability interim benefit payment percentage from 50 per cent to 75 per cent for Saskatchewan producers.
Interim benefits can provide producers with a portion of their final AgriStability benefit early, to help support losses and cover costs. With this increase, Saskatchewan producers can apply for an interim benefit to receive 75 per cent of their estimated final 2020 benefit before completing their program year. Saskatchewan Crop Insurance Corporation (SCIC) is also waiving the six-months farming and one production cycle criteria for participants applying for 2020 interim benefits.
The Governments of Canada and Saskatchewan understand the challenges facing producers during these unprecedented times created by the COVID-19 pandemic. They continue to evaluate our entire suite of business risk management programs to ensure they are meeting the needs of Saskatchewan’s agriculture industry.
Source : Agriculture and Agri-Food Canada