GFM Network News

Alberta sacks AFSC board over expenses of top brass

Limo rides, Oilers tickets, and taking gifts from vendors among the long list of accusations

The province has dismissed the board of the Agriculture Financial Services Corp. and suspended three senior executives following an internal probe into “expense and procurement practices.” “As a result of an anonymous tip, our government has uncovered very serious problems with senior government expenses and current practices at AFSC,” Agriculture Minister Oneil Carlier said at […] Read more

Alberta sacks AFSC board over top brass’ expenses

Alberta’s government has dismissed the board of its farm financing and crop insurance agency following an internal probe into “expense and procurement practices” for senior executives. Three unnamed senior executives at Agriculture Financial Services Corp. (AFSC) have also been “relieved from active duty,” the province said in a release Monday. The province on Monday named […] Read more

Last year’s prolonged dry spell has prompted more growers to take
 out insurance this year or to boost their coverage level.

Uncertain times prompt growers to take out more insurance

It’s an uncertain world out there, especially in farming — and that has more Alberta producers taking out crop insurance. “We’re seeing more acres being insured by Alberta producers on crops — last year we were close to about 78 per cent of acres insured,” said Merle Jacobson, acting president of the Agricultural Financial Services […] Read more

Alberta to launch malt barley insurance

Alberta is set to launch Canada’s first crop insurance product for malt barley this year. The province’s Agriculture Financial Services Corp. (AFSC) last week said it will now provide insurance coverage for a malting end-use for growers with malt barley contracts. The coverage is subject to a contract from a licensed buyer, with a minimum […] Read more