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AgReview

Alberta Cuts Crop Insurance Premiums

Alberta farmers will see their crop insurance premiums reduced by 20 percent this year, the Alberta government announced Jan. 25. The reduction is expected to save farmers more than $55 million on their premiums in 2021. For a farm with 2,000 insured acres, the provincial agriculture department and Agriculture Financial Services Corp. estimate it will save that farm about $8,000.

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