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Agriculture Risk Management Resources (ARMR)

Safeguarding your farm business and ensuring its success for years to come is likely one of your biggest priorities, and one that you share with many farmers across the country. But with the complexities of ag risk management, it can be difficult to decide exactly how to protect yourself, and your farm, from all the potential risks that exist.

You don’t have to be an expert on risk management to know that some things are inevitable. Unpredictable weather, economic turbulence, and geopolitical issues are just a few of the biggest concerns farmers face when doing business. With a comprehensive farm risk management strategy, you can be better prepared for these uncertainties.

While it’s impossible to see the future, planning for uncertainties that may lie ahead isn’t as challenging as it sounds. Our experienced MNP agriculture risk advisors know how to assess the market and will work closely with you to determine areas of your farm that need a boost of protection. They can help educate and guide you towards a system that will work for your farm and ensure you’re ready for whatever life throws your way.

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What’s your challenge?

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Managing and planning for risk

Risks like market fluctuations or negative weather events leave your operation vulnerable. A proper agricultural risk management strategy can help you develop a plan to navigate whatever tomorrow brings.

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Insuring your farm

Farm insurance, such as crop insurance, can be complex and expensive. Get support for determining what to insure and ensure you’re paying for a plan that covers your needs.

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Navigating government programs

Support programs are constantly evolving. Stay ahead of the changes and make sure your operation remains eligible for key programs.

How we can help

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Developing comprehensive ag risk management plans

Our farm risk advisors identify the unique risks facing your operation and implement mitigation strategies to protect your farm.

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Creating insurance plans that reflect your needs

Effective insurance plans should align to your risks. Our advisors combine the understanding of your farm with knowledge of insurance options to make sure you’re getting the right level of coverage.

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Deep knowledge of government programs

We guide farmers through eligibility criteria, application processes, and compliance requirements. We help identify relevant programs like AgriStability or maximize benefits, ensure proper documentation, and facilitate the application process, enabling farmers to access financial support and resources offered by government initiatives.

Frequently asked questions

Insights

  • Confidence

    March 28, 2024

    Bare trusts: Many Ontario farmers expected to have new tax filing requirements

    The end of 2023 brings a new tax filing burden for farmers with regards to bare trusts. Learn how this new legislation with have a significant impact.

  • March 14, 2024

    Financial statement reporting for farmers: Does cash or accrual make more sense?

    If you’ve ever been unable to grow your farm as a result of the kind of financial reporting you use, it might be time for a change.

  • Agility

    February 14, 2024

    How leveraging digital tools can support successful farm planning

    How can leveraging digital tools help you make informed decisions to support the long-term future of your farming operation?

Contact the agriculture team

AJ Gill

National leader, Ag Risk Management Resources

250-469-6488

1-877-766-9735

[email protected]

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