Evaluation of income stability tools : Évaluation des outils de stabilité des revenus - Agri-stabilité et Agri-investissement

However, overpayments are a result of the complex calculations inherent in the AgriStability design and the fact that the financial situation of the farm changes over the production cycle (due to changes in inventory valuations, for example). [...] Recommendations The evaluation report identifies the following seven recommendations: Recommendation #1: AAFC should work with the provinces and territories to: Define the level and nature of risks that governments should cover for the agricultural sector through the BRM suite of programs; refocus the AgriStability and AgriInvest programs to target these risks; and streamline the various Tiers t [...] DOC Page 3 of 68 Agriculture and Agri-Food Canada Evaluation of Income Stability Tools – Report Recommendation #3: AAFC should work with the provinces and territories to: Improve stakeholders’ understanding of AgriStability’s objectives and the trade-offs between predictability/timeliness and the individualization of payments, and communicate that the program addresses income variation over the [...] Improve producer education and communication about the level of coverage to be provided and the intent of the AgriStability and AgriInvest programs as part of a renewed BRM suite. [...] Due to the nature of program administration and the timing of program payments, there were limited application and payment data for the 2010 and 2011 program years.