EFP A-OK FOR RISK MANAGEMENT
Starting in 2025, farmers with allowable net sales greater than $1 million must complete an agri-environmental risk assessment to receive funds from AgriInvest. A business risk management savings program of the Sustainable Canadian Agriculture Partnership (SCAP), government will match farmer contributions up to one per cent of their net sales. Though details are yet to be fully developed, according to Agriculture and Agri-Food Canada, an Environmental Farm Plan (EFP) can be used to meet the requirement.