Good morning.
This leads us to our recommendations on how to improve Canada's BRM suite. These recommendations focus on strengthening, not replacing, the existing systems we have in place.
First, at a high level, we recommend maintaining a strong margin-based core program, with AgriStability remaining central to the BRM suite.
Second, modernize program delivery, including improving administrative efficiencies and accelerating payments.
Third, strengthen transparency and communication so that producers better understand program rules and outcomes and the policy's intent.
Fourth, ensure greater policy stability, moving beyond short-term adjustments in order to provide multi-year certainty.
Lastly, expand financial literacy supports so producers can fully understand and utilize available tools.
Taken together, these reforms are aimed at restoring producers' confidence, improving program uptake and ensuring that public investments are delivering meaningful impact.
To conclude, Canada's BRM programs are at a critical juncture. Producers are facing increased volatility driven by market uncertainty, climate pressures and rising costs. With targeted, evidence-based reforms, Canada can ensure that its BRM systems continue to support a resilient, competitive and sustainable agriculture sector for years to come.
Thank you again for the opportunity to appear. We will be pleased to answer any of your questions.