January 26, 2021 –
This week, Alberta’s United Conservative government announced major support for Alberta’s rural economy by slashing crop insurance premiums by 20 per cent.
The announcement was made by United Conservative Devin Dreeshen. This move means farmers across Alberta will save more than $55 million on their crop insurance premiums this year.
According to estimates, that means a farm with 2,000 insured acres will save nearly $8,000 for this year alone.
That’s money in the pockets of job creators and rural families at a critical time for Alberta.
Dreeshen said that with punishing policies coming down from Liberals in Ottawa, including a whopping 500 per cent tax hike to the carbon tax, and Ottawa’s expensive so-called “Clean Fuel Standard” that will add even more to fuel costs for consumers, this announcement was critical to bring relief for agriculture sector.
“Agriculture continues to be an economic bright light and Alberta’s government is strengthening the sector even more,” Dreeshen said. “Reducing insurance premiums by 20 per cent will help our farmers – more federal taxes, increased costs and punitive regulations will not.”
After Alberta’s highest court ruled the Liberal carbon tax unconstitutional, United Conservatives have continued our fight against the job-killing carbon tax from Ottawa at the Supreme Court.
This relief for farmers comes part of Alberta’s Recovery Plan, with a focus on historic investments in infrastructure, reduced taxes and regulations for our job creators, and a plan to diversify and create tens of thousands of jobs now.
You can read more about Alberta’s Recovery Plan rolled out by Jason Kenney here.