- Step 1. What this program offers
- Step 2. Who is eligible
- Step 3. How to apply
- Step 4. After you apply
- Applicant Guide
- Contact information
Step 1. What this program offers
Intake period: Closed
AgriRisk Initiatives Administrative Capacity Building Stream is closed.
The AgriRisk Initiatives (ARI) is a five-year program under the Canadian Agricultural Partnership that supports the development of new risk management tools. It is divided into three program components:
- ARI Research and Development (R&D) stream – contribution funding
- ARI Microgrants – grant funding
- ARI Administrative Capacity Building (ACB) stream
Total ARI program funding is approximately $55 million over five years, with the program ending March 31, 2023.
AgriRisk Initiatives: Administrative Capacity Building Stream
The ARI ACB stream provides funding to implement and test new financial tools which allow producers to manage a defined business risk, and to implement and test climate change risk tools.
Example of issues that new financial tools (such as insurance products, options / futures / price pooling and other hedging tools) can address are, but not limited to:
- responding to diseases in livestock and crops
- protecting producers from severe market price fluctuations
- protecting against loss from contracts in new markets
Eligible financial tool activities include:
- administration for delivering a risk management tool (such as office space, material, IT systems)
- establishment and adaptation of organizational structure for delivery of the new tool
- updating actuarial, financial or technical data
- communications, advertising and marketing
- development of work processes, policy wordings and product options
- seed funding – the creation of a capital reserve fund for an insurance fund or similar fund (support for seed funding will be conditionally repayable)
Examples of issues that climate change tools can address are, but not limited to:
- improving measurement and tracking of climate change impacts on farms
- increasing producer knowledge of climate change adaptation strategies
- updating regional climate change risk management plans
Eligible activities for this priority include:
- implementing climate change adaptation tools or strategies on a pilot scale
- delivery of the new tool or training program
- updating technical data
- communications, advertising, and marketing
Projects under ARI ACB should also:
- include financial support from the applicant
- demonstrate appropriate stakeholder involvement and support
- focus on defined risks
- address major risks beyond those considered normal business or on-farm risks (normal risks are considered those that have a high probability of occurrence)