Ottawa increases AgriStability cap to help industry as it faces Chinese tariffs

OTTAWA — 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.
Agriculture businesses are facing 100 per cent tariffs