Can't explain the differences in the provinces on production insurance deadlines - tradition would be the best answer I could come up with although I know not a good one. Each province negotiates its own deal with the federal government. Lots differences in how the programs are handled as well. Example - Alberta has a variable price benefit (standard feature) with the ability to increase coverage prices if price increases at harvest (October to be exact) exceed 10 % (maximum 50 %) built with extra cost built into premiums. Saskatchewan has the variable price option (not compulsory feature - requires a decision to accept) with prices changes calculated in July and coverage/premiums changing accordingly. Manitoba doesn't make this program available.
From my memory (getting poor), about 70 % of Alberta farmers use crop production insurance. Not sure whether acres or producers but suspect that both would be relatively close. Others who participate here may have better numbers.
From my memory (getting poor), about 70 % of Alberta farmers use crop production insurance. Not sure whether acres or producers but suspect that both would be relatively close. Others who participate here may have better numbers.
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