Liberal budget focuses on agriculture
Ottawa's first Liberal budget includes major new support for Canadian farmers and ag exports.
- Calvin Daniels
November 16, 2025
key points from this story:
- Liberal budget led by Mark Carney
- AgriStability rate increased to 90 percent
- Advance Payments Program limit raised
- Export focus shifts beyond United States
- Asia-Pacific, Europe prioritized for new trade
- Country's debt load continues to climb
The Mark Carney led Liberal government in Ottawa unveiled its first budget week, and agriculture actually featured more significantly than one might have anticipated.
The two most obvious items have direct farm implications. The federal government proposes to increase the AgriStability compensation rate to 90 per cent from 80 per cent and the payment cap per farm to $6 million from $3 million. The Advance Payments Program for canola will see $97.5 million spent over two years to increase the interest-free limit on advances to $500,000 for the 2025 and 2026 program years.
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