The Canadian government has announced support for the country’s agriculture sector as it deals with tariffs imposed by China.

The federal agriculture department says in a news release that the current payment cap under AgriStability, a program that works similarly to crop insurance, will double to $6 million for the 2025 program year.

Support also includes increasing the compensation rate from 80 per cent to 90 per cent.

Ottawa is making adjustments to the AgriStability program to help the industry deal with newly-imposed Chines tariffs.{ai:summary}<p>The Canadian government is boosting support for its agriculture sector in response to tariffs from China. The AgriStability program's payment cap will double to $6 million for 2025, and the compensation rate will increase from 80% to 90%.</p><p>#economy</p>

AgriStability cap increasing to help industry offset Chinese tariffs: Ottawa

Loading...