We understand that Nova Scotian farms are faced with many unpredictable events that impact their farm businesses. This is why the Nova Scotia Federation of Agriculture (NSFA) and the Nova Scotia Department of Agriculture (NSDA), with the help of MNP, are conducting a case study on Business Risk Management (BRM) programs such as AgriStability and Nova Scotia Crop and Livestock Insurance. By participating, you’ll receive a customized BRM financial summary at no cost.
Participation in BRM programs remains low, often due to uncertainty or lack of awareness. The goal of this project is to use real farm cases to highlight what’s working, inform program improvement, and share successes and insights with other producers across the province.
What’s In It for You?
By participating, you’ll receive a customized BRM financial summary, valued between $3,000 – $15,000 – at no cost. This report offers insights into your farm’s financial health with accurate, personal farm data that is aimed at helping optimize your participation in AgriInsurance, AgriStability, and AgriInvest. The goal is to help you manage risk, make confident financial decisions, and plan strategically for the future.
Who Are We Looking For?
Farmers who are:
- Located in Nova Scotia
- Willing to share financial and operational data (with full confidentiality agreement in place)
- Comfortable allowing anonymized data to be used in marketing and research to support learning within BRM practices in our province.
What is Required for Participation?
- Financial statements for the 5 most recent years (or fewer if enrolled in AgriStability with Calculations of Benefits available).
- Must have annual revenue of $50,000 or more.
- Permission to access information from Nova Scotia Crop and Livestock Insurance Commission (NSCLIC) related to your operation.
- Must have documents in accounting backup files or a general ledger.
- Productive capacity information (acres, livestock, etc. for the past five years.
If you have any questions, please reach out to our policy team at policy@nsfa-fane.ca.
If you are interested in participating, please complete this form by August 10th.