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International Trade committee Good afternoon. My name is Hans Kristensen. I'm a producer from New Brunswick and am the Maritimes representative on the Canadian Pork Council board of directors. I'd first like to thank the members of the committee for the invitation to appear before you this afternoon. The
May 11th, 2017Committee meeting
Hans Kristensen
Agriculture committee Right now, we have AgriInsurance for crops. If there's a catastrophic event in a cropping scenario, the farmer has insurance to cover those production losses. We do not have that in the livestock sector. If we had production insurance the same way we have crop insurance, that wou
May 4th, 2017Committee meeting
Hans Kristensen
Agriculture committee Okay.
May 4th, 2017Committee meeting
Hans Kristensen
Agriculture committee It's twofold. First, there is the perceived economic instability of our particular sector, especially if you're looking at it from an historical viewpoint. That's been a challenge. There's a difficulty in accepting what we call the new reality with export markets and a growing wo
May 4th, 2017Committee meeting
Hans Kristensen
Agriculture committee I think there is a place in Atlantic Canada for, I'm going to say, small-scale processing facilities that serve a local market. I'll probably get shot for saying this when I get back home, but I don't think it's realistic that we would have a viable, federally inspected commercia
May 4th, 2017Committee meeting
Hans Kristensen
Agriculture committee Another aspect of that, too, is sometimes just putting the right players together. There are investors in production and export facilities in B.C. who would benefit from partnerships with the hog producers in the prairie provinces that want to expand. Sometimes, too, it's just an
May 4th, 2017Committee meeting
Hans Kristensen
Agriculture committee I'm encouraged by that amount of money and that funding, as well. I know that the hog industry is very innovative. We're very quick to adapt new technologies. We're hoping to access part of those funds. Our biggest challenge right now is that since 2005 there has been very littl
May 4th, 2017Committee meeting
Hans Kristensen
Agriculture committee Again, it goes to confidence in our industry. It's difficult to attract new entrants to our industry due to the historical instability, even though lately it has been very good. It's difficult to attract new entrants to our industry with, again, financial institutions being a lit
May 4th, 2017Committee meeting
Hans Kristensen
Agriculture committee In relation to Atlantic Canada or in relation to the country as a whole?
May 4th, 2017Committee meeting
Hans Kristensen
Agriculture committee When it comes to the CALA program, one of the biggest disadvantages we have is the limitations on the amount of borrowing. So an individual producer today can only access that program, I believe, to the tune of $500,000. We operate in a very capital intensive industry. Unlike a l
May 4th, 2017Committee meeting
Hans Kristensen
Agriculture committee Anything we can do that allows a farm to transition from one generation to the next and stay within the family is beneficial to our industry. As our farm families shrink, as indeed families in general shrink in this country, we need to expand the definition of family to include o
May 4th, 2017Committee meeting
Hans Kristensen
Agriculture committee While it's true we have emerging markets, and wonderful opportunities continue in Japan and China, we do need to invest in our industry. Our problem right now will be access to capital. Because of the economic troubles of our industry from 2005 to 2010, a lot of our producers had
May 4th, 2017Committee meeting
Hans Kristensen
Agriculture committee Hedging is a very useful tool for producers. Unfortunately, unless there's a program in place to help us offset the cost, it comes with the risk of rising prices for producers in the ensuing cash calls that can be had on the market. Therefore, we can be in a position where we wou
May 4th, 2017Committee meeting
Hans Kristensen
Agriculture committee We're talking about some type of hedging insurance program that would help offset the need of that protection against rising market prices.
May 4th, 2017Committee meeting
Hans Kristensen
Agriculture committee Mr. Chair, good morning. My name is Hans Kristensen. I am a pork producer from New Brunswick and the Maritime representative of the Canadian Pork Council's board of directors. I would first like to thank the members of the House of Commons Standing Committee on Agriculture and A
May 4th, 2017Committee meeting
Hans Kristensen