of The Crossroads
The province’s 2018-19 agriculture budget continues to meet the business risk management needs of producers while making a record investment in research.
The agriculture budget for Saskatchewan was announced on April 10 as part of the 2018-19 provincial budget. The budget included a $378.6 million overall investment in agriculture, and the investment includes a record $31.8 million in research and technology funding.
A total of nearly $258.2 million is being invested in business risk management programs such as AgriInvest and AgriStablity, along with provincial crop insurance and Western Livestock Price Insurance. Nearly $26.8 million is budgeted for other programs under the ministry of agriculture.
The budget includes an increase in funding to Animal Protection Services of Saskatchewan, a group that will see its funding increase from $610,000 last year to $800,000 this year. The budget also includes $3 million for irrigation infrastructure rehabilitation costs and for irrigation asset transfer to irrigation districts. In response to the damages from wildfires across southwestern Saskatchewan in 2017, the government has added fire insurance as an additional coverage feature for pasture land.
Lyle Stewart, the province’s agriculture minister, said the budget makes investments in three key areas including the business risk management programs, animal welfare and research and technology. Research funding is a highlight.For more on this story, please see the May 4 print edition of The Cross Roads.