Today, Canada’s Minister of Agriculture and Agri-Food Lawrence MacAulay and Saskatchewan Agriculture Minister Daryl Harrison announced continued funding and commitment through the 2025 Crop Insurance Program, administered by the Saskatchewan Crop Insurance Corporation (SCIC).
“Our business risk management programs are a producer’s first line of defense when it comes to protecting their operation,” MacAulay said. “Our government is pleased to partner with Saskatchewan to make sure producers have access to the support they need, when they need it.”
“SCIC’s Business Risk Management programs remain strong and are here for Saskatchewan producers when they have challenging times,” Harrison said. “The Crop Insurance Program offers producers the security they need, no matter what 2025 may have in store. I encourage all Saskatchewan producers to take a proactive approach to their coverage: select options, fine-tune and adjust coverage and costs within the program to further mitigate their risks.”
SCIC’s existing suite of Business Risk Management programs continues to demonstrate support for Saskatchewan producers. Over the last four years, the Crop Insurance Program paid approximately $7 billion in claims, in addition to other program benefits. Crop Insurance continues to be a sound program, with premiums set to ensure the long-term sustainability of the program. A combination of Crop Insurance premium and government funds, along with private reinsurance, is in place to ensure the program remains stable. Funds are managed to build premium reserves in good production years, in order for money to flow back to producers during challenging ones. Premiums are cost-shared 60 per cent by federal and provincial governments and 40 per cent by producers.
Administration costs are fully funded by federal and provincial governments.
Trusted and relevant partnerships ensure the Crop Insurance Program remains innovative and responsive for Saskatchewan producers. SCIC collaborates regularly with industry groups to support farmers and ranchers, assisting with overall direction of policy and program offerings. Work continues developing future opportunities to enhance support for the livestock sector. SCIC is evaluating new remote sensing technologies to measure soil moisture and plant growth, to evaluate potential improvements to forage and pasture insurance. This focus will ensure forage insurance is relevant and accessible for Saskatchewan livestock producers.
“We appreciate the continued focus and work on forage insurance,” Saskatchewan Cattle Association (SCA) Chair Chad Ross said. “We are directly involved with the National Forage Working Group. Throughout the 2025 season, we will continue to consult on these projects, as producer feedback and understanding is critical in program design and acceptance.”
“This continued work on forage insurance has potential to improve the program for livestock producers,” Saskatchewan Stock Grower’s Association (SSGA) President Jeff Yorga said. “We look forward to our ongoing involvement at the national level, to ensure Saskatchewan producers have access to a variety of insurance options. We are hopeful, continued work throughout 2025, will bring it all together as another viable positive outcome for risk management programming.”
March 31, 2025, is the deadline for Saskatchewan producers to apply, reinstate or cancel their Crop Insurance contract. Producers must select their insured crops and coverage levels or make additional changes by this date. Producers can speak with their local SCIC office to make changes or options will remain the same as the previous year.
Every growing season is unpredictable. Producers are encouraged to plan and update their coverage yearly, based on the needs of their operation. A suite of Business Risk Management Programs offers options to help producers navigate uncertainties, mitigate risk and secure the future of their operation. In addition to Crop Insurance, producers can consider AgriStability, Livestock Price Insurance and the Wildlife Damage Compensation and Prevention programs. For more information, contact a local SCIC office, call 1-888-935-0000 or visit: scic.ca.
Crop Insurance is a federal-provincial-producer cost-shared program that helps producers manage production and quality losses. Support for the program is provided by the governments of Canada and Saskatchewan under the Sustainable Canadian Agricultural Partnership (Sustainable CAP).
(Government of Saskatchewan news release)
Comments