Government Grant
Wildlife Damage Compensation Program (NB)
The New Brunswick Agricultural Insurance Commission (NBAIC) administers this program, but affected producers do not have to be an Agricultural Insurance client to receive compensation through the Wildlife Damage Compensation Program. Producers can receive up to 80% compensation without any cost or premium to participate. For producers insured with the NBAIC, the production that was lost due to wildlife damage is included as production in their individual yield (PTC) calculation, which prevents their insurance coverage from declining due to wildlife damage This program is cost shared by the Governments of Canada (60 per cent) and the Province of New Brunswick (40 per cent).
- 4.5/5.0
- New Brunswick. Agriculture, Aquaculture and Fisheries
- All levels
- Last updated 3 years ago
- English
Description
The New Brunswick Agricultural Insurance Commission (NBAIC) administers this program, but affected producers do not have to be an Agricultural Insurance client to receive compensation through the Wildlife Damage Compensation Program. Producers can receive up to 80% compensation without any cost or premium to participate. For producers insured with the NBAIC, the production that was lost due to wildlife damage is included as production in their individual yield (PTC) calculation, which prevents their insurance coverage from declining due to wildlife damage This program is cost shared by the Governments of Canada (60 per cent) and the Province of New Brunswick (40 per cent).- The Program provides compensation to New Brunswick agricultural producers who suffer crop or livestock losses due to wildlife.