Business Risk Management
Ninety-seven per cent of Canadian farmers are family-run. Like any family business, Canadian farmers invest a lot in their operations. Every Canadian farmer deals with varying types and levels of risk, be it weather variability, insects, input prices or market fluctuations.
Strong Business Risk Management (BRM) programs provide a reliable safety net and help create an environment where farmers have the confidence to make necessary investments in their future. These programs help farmers manage risk in their operations from severe weather, pests, and poor market conditions. GGC is working with its members, provincial and national organizations and government to develop more reliable, predictable, and bankable programs that meet the needs of Canada’s grain sector.
Every Canadian farmer deals with varying types and levels of risk, be it weather variability, insects, input prices or market fluctuations.
Business Risk Management Resources for Farmers
Currently, four BRM programs serve farmers: