Originally posted by AlbertaFarmer5
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Careful what you wish for: commodity groups ditch Sustainable Agriculture Strategy
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Originally posted by Hamloc View Post
AB5 certainly a good question, farmer and government premiums $1.537 million for Alberta, $1.002 billion payed to farmers, where did the $535 million go?!?!
Or is my assumption too generous?
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Good work A5 you finally did some of your own homework!
And you schooled Hamloc on Alberta crop insurance in 2023 that showed the subsidy to producers.
And do you really think the Alberta Government is that bad at managing Crop Insurance that they spent $535 Million on administration?Not even close!
In Saskatchewan the cost is about $1 per acre. I can't find the Alberta number but I can't imagine it is much different.
"Crop insurance administration cost per acre*
• The administration cost per acre for the 2023 crop year was $1.03 compared
to 96 cents the previous year. The target is $0.96"
?[url]https://www.scic.ca/uploads/2023-24-Annual-Report-SCIC-FINAL.pdf[/url]
A5, again because you don't have the facts, you throw out a dumb idea about high admin costs that distort the reality.
And by all means don't participate in any of the safety net programs you will help lower the cost to taxpayers!
But over 85% of the seeded acres in Saskatchewan were insured in 2022 and 2023 so obviously farmers use and support the program.
Only marginal fringe thinkers like you say "doesn't look very efficient.
abolish the entire enterprise".?
That kind of sums up your lack of thinking on most subjects!
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Ask Alberta Crop Insurance! maybe into reserves?
But it sure as hell wasn't administration unless high priced overpaid oil workers were running it?
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Read the Audited financial Report and figure it out for yourself instead of listening to ill informed yappers like A5 who thinks it all went into admin!
AGRICULTURE FINANCIAL SERVICES CORPORATION
STATEMENT OF OPERATIONS? shows a surplus of 489 million at the end of fiscal year 2023.
[url]https://afsc.ca/wp-content/uploads/2023/11/2022-23_Annual_Report_ONLINE.pdf[/url]Last edited by chuckChuck; Jan 2, 2025, 09:36.
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Originally posted by chuckChuck View PostAsk Alberta Crop Insurance! maybe into reserves?
But it sure as hell wasn't administration unless high priced overpaid oil workers were running it?
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Hamloc I am glad to see you finally admitted the government is subsidizing you with lower cost premiums for a well used and supported Crop Insurance program.
The safety net includes Agristability and AgrInvest which is not a premium based program and which kick in when you really need it.
Most farmers and their organizations support the safety net programs. Only the fringe thinkers like A5 don't admit they are subsidized and needed programs.Last edited by chuckChuck; Jan 3, 2025, 08:43.
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Originally posted by chuckChuck View PostRead the Audited financial Report and figure it out for yourself instead of listening to ill informed yappers like A5 who thinks it all went into admin!
AGRICULTURE FINANCIAL SERVICES CORPORATION
STATEMENT OF OPERATIONS? shows a surplus of 489 million at the end of fiscal year 2023.
[url]https://afsc.ca/wp-content/uploads/2023/11/2022-23_Annual_Report_ONLINE.pdf[/url]
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