What goes up must come down, unless it continues to go up. That about sums up the tale of fertilizer over the last two years. After all, it was only two years ago in Western Canada that urea sold at $400 per tonne.
Agriculture produces an estimated 10 per cent of the national greenhouse gas (GHG) emission total, but experts believe it can potentially account for 26 per cent of Canada’s overall reduction target for the federal 2030 Emissions Reduction Plan. Thus, the federal government’s plan to achieve net-zero emissions by 2050 relies on agriculture as a central component of GHG emissions reduction. Given the traction this and other such frameworks have received across the globe, farmers may be faced with a choice: write the playbook as they like, or risk having rules imposed upon them.