Thanks, Andre.
To be effective, BRM programs must target risks that genuinely threaten farm viability. They should be affordable, avoid compliance requirements that create unnecessary barriers, remain responsive to current and emerging challenges, and provide farmers with meaningful choice and flexibility.
As the next policy framework takes shape, it is critical that the investments in BRM programs not be diminished to fund other priorities. Without effective risk management tools, farmers' capacity to invest in their operations and to adopt the technologies and practices that drive productivity and resilience will be significantly constrained.
Canola farmers consistently identify AgriInsurance as the cornerstone of Canada's BRM suite. AgriInsurance delivers essential production coverage and is predictable, widely subscribed to and delivered provincially, allowing for regional flexibility. Maintaining AgriInsurance as the flagship program also reduces pressure for large ad hoc programs by providing timely and reliable support when production losses occur.
AgriStability needs to be modernized to better serve farmers. With participation rates sitting at only about 30%, it's clear that many farmers have lost confidence in its effectiveness. The program is currently not timely, predictable or responsive enough to address the realities that producers face from trade disruptions, and it fails to accurately reflect farmers' margins when calculating support.
When it comes to strategic initiatives, we recommend that all decisions be focused on growth—that is, expanding the agricultural sector's economic output and market opportunities, and creating value through productivity gains. That's the growth part. Resilience, the second point, is about prioritizing the sector's ability to adapt to new threats. On innovation, it is about advancing new technologies in ways that are industry-led and outcome-based. On efficiency, the fourth and final component, it is about streamlining programs, reducing red tape and delivering stronger outcomes.
We're operating in a very different landscape from the last time this suite was reviewed. The decisions made in developing the next policy framework will play a defining role in shaping the future of Canadian agriculture amid increasing volatility and uncertainty. Getting this right is essential to ensuring that Canadian farmers remain competitive and resilient over the long term.
Thank you.