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December 12, 2007
For immediate release

Minister Sheridan Discusses Crisis in Agriculture with Provincial and Territorial Finance Ministers before meeting with Federal Finance Minister Jim Flaherty

Provincial Treasury

Provincial Treasurer Wes Sheridan discussed the crisis in agriculture this afternoon with his provincial and territorial counterparts. The group met in Ottawa in preparation for tonight’s meeting with Federal Finance Minister Jim Flaherty.

Last week, Minister Sheridan asked that the current state of agriculture be added to the agenda of the meeting with provincial and territorial ministers. Today, he had the opportunity to address the group on the issue.

“I stressed the importance of having a domestic food supply,” said Minister Sheridan. “I also pointed out that we face the loss of a significant number of our producers.”

The provincial and territorial ministers agreed to refer the issue to the First Minister’s meeting next month.

The ministers agreed that agriculture must be given as high a priority as that of manufacturing in their discussions with Minister Flaherty this evening.

Ministers also agreed that the CAIS program has to be reviewed with respect to the timeliness of payments, its unpredictability and placing an increased emphasis on insurance.

Media Contact: Jennifer MacDonald
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