OECD Food, Agriculture and Fisheries Papers

1815-6797 (online)
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Selected studies on various food, agriculture and fisheries issues from the OECD Trade and Agriculture Directorate.

NB. No. 1 to No. 58 were released under the previous series title OECD Food, Agriculture and Fisheries Working Papers.


Risk Management in Agriculture in Canada You or your institution have access to this content

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Jesús Antón1, Shingo Kimura1, Roger Martini1
Author Affiliations
  • 1: OECD, France

10 Feb 2011
Bibliographic information

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This report analyses the agricultural risk management system in Canada, applying a holistic approach that considers the interactions between all sources of risk, farmers‘ strategies and policies. The policy analysis is structured around three layers of risk that require a differentiated policy response: normal (frequent) risks that should be retained by the farmer, marketable intermediate risks that can be transferred through market tools, and catastrophic risk that requires government assistance. The main policy issue in this report is the definition of the boundaries of these different layers. In Canada the system is overcrowded with policies and unable to signal risk layers in which farmers should take their own responsibility of management. Policies include AgriInvest, AgriInsurance, AgriStability, AgriRecovery and ad hoc measures. The analysis of AgriStability provides insights about the economics of agricultural income stabilization policies.
Also available in French
catastrophic risk income stabilization, insurance, risk-management, policy targeting, agricultural policy, montecarlo simulations
JEL Classification:
  • Q18: Agricultural and Natural Resource Economics ; Environmental and Ecological Economics / Agriculture / Agricultural Policy ; Food Policy
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