The AgriRisk Initiatives (ARI) program supports the research and development as well as the implementation and administration of new risk management tools for use in the agriculture sector. ARI is a Growing Forward 2 (GF2) Business Risk Management (BRM) initiative.
The ARI program will provide time-limited financial and technical assistance to approved projects. The assistance of the ARI program is designed to help establish relationships between agriculture industry stakeholder organizations (that is, agriculture, agri-food and agri-products sectors), and private sector financial services agencies (such as actuaries, underwriters, brokers, insurance, and investment and legal advisors). As a result of these relationships, the private sector will be able to expand its role in agricultural risk management, and ARI-funded projects will benefit from private sector expertise and experience.
The ARI consists of two business lines:
- Research and Development (R&D): The ARI program supports R&D by providing federal-only, time-limited financial assistance to project proponents to undertake R&D activities related to the development of new risk management tools.
- Administrative Capacity Building (ACB): The ARI-ACB component is the cost-shared portion of the ARI program. The objectives are:
- To support pilot administrations during early years of delivering new risk management tools.
- To demonstrate the operational viability of new risk management tools in order to attract and secure private sector support.
Approved R&D projects can be eligible for up to $500,000.00 support per fiscal year.
For ACB projects, the federal government will make available up to $8 million per year in total, which is to be cost-shared with the provinces/territories.
The Western Livestock Price Insurance Program helps cattle and hog producers in Western provinces manage price risks.
AgriRisk Initiatives Forum
AgriRisk Initiatives 2017 Forum: Make your arrangements today!
The AgriRisk 2017 Forum is confirmed for Ottawa, September 20-22, 2017, at the Westin Hotel (11 Colonel By Drive, Ottawa, Ontario K1N 9H4). Mark your calendar and make your travel and accommodations booking today.
AgriRisk has reserved a block of rooms at the Westin Hotel where the event is being held, you can contact the hotel at 1-888-627-8528 or book a room online.
We are holding this Forum to promote the AgriRisk Initiatives program and its projects, to promote networking between program clients and financial services industry, as well as an exchange of knowledge and experience among all stakeholders including international agriculture and finance groups, and governments.
Join Agriculture and Agri-Food Canada in exploring new approaches to using or developing innovative agricultural risk management products and services as well as participating in the development of new and non-traditional agricultural risk management partnerships.
Registration has begun; if you did not receive your email invitation and wish to attend the forum please contact the ARI team at firstname.lastname@example.org.
For more information, please email us at email@example.com or call 1-877-246-4682.
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