The Rural Voice, 1978-08, Page 20insurance plan, 70 per cent live on the
Fairies. Prairie farmers insure large
acreages and therefore carry an even
higher proportion of the total crop
insurance liability. Of the federal contri-
bution to the program, $57.5 million or 82
per cent will go to the three prairie
provinces this year.
Manitoba farmers bought $190 million in
coverage, with 16,500 of them taking part.
In Saskatchewan, 44,500 farmers have
purchased $670 million in coverage. And
crop insurance coverage in Alberta totalled
$260 million and was bought by 19,500
farmers.
In British Columbia, 1,750 farmers have
taken out $23.5 million coverage and in the
Atlantic provinces 1,665 farmers have
$21.9 million protection under the crop
insurance program. Ontario has enrolled
18,000 farmers with $265 million coverage.
Last year, total premiums reached a
record high of $147 million because of the
threat of drought in some parts of the
country. However, most areas had good
growing weather and payouts were less
than expected. Indemnities paid so far
have totalled $109 million but more claims
are expected, particularly on Ontario's
corn cron.
in me West, most claims were made on
hail damage and losses caused by the wet
fall weather, while damage to the white
bean crop accounted for a large portion of
the $22 million paid to Ontario farmers.
More farmers are realizing the benefit of
carrying crop insurance. The program
helps to minimize the risks of farming.
Hail, frost, excessive moisture, disease.
drought or insects can wipe out one year's
crop and the equivalent of five years'
profit .
Money in farming,
Morris tells 4-H kids
There's money to be made, and
teenagers who want to get rich quickly
might consider the agriculture business.
That was the message of George Morris.
past president of the Canadian Cattlemen's
Association and a former beef producer - a
message he delivered at the regional 4-H
conference held at the University of
Western Ontario recently.
Mr. Morris told the 4-H'ers, "Farming
is a good business, of course. your
grandfather will tell you it's impossible to
buy a farm, pay it off and make it go these
days. They couldn't do it. But you don't
have to use their methods, and you can."
Morris said while it's never been easy to
buy a farm, banks make it a bit easier.
"If you can borrow money to get a start,
do it," he told an audience of about 100
people.
"With the rate of inflation, you'll be
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PG. 20 THE RURAL VOICE/AUGUST 1978.
paying back money worth less than what
you borrowed and your investment will be
appreciating. I got my first bank loan at
age 14," he said.
Morris told the 4-H members he was
born in Alberta but his father lost the
family savings in a Calgary real estate
deal, so the family move to Kent County.
"1 was just 14 and my father took out a
mortgage on a farm near Tilbury. Then he
died and we were orphans with that farm to
take care of."
Morris, his older sister and an 11 -year
old brother kept the farm and had paid for
it in 10 years while other farms in the area
went out of business during the
Depression.
"We were just kids and we didn't know
it was impossible," Morris said.
The speaker said the province of Ontario
needs 1,200 new farm owners annually and
post -graduate college men and women to
develop new farm technology.
"Your generation will double and triple
our cattle production. You will help feed
the world. And you're going to do it on
garbage and on garbage land through
genetic manoeuvring."
Morris urged the teenagers to get the
education needed for genetic break-
throughs in animal science and for efficient
use of land.
One way Morris suggested 4-H members
can get started earning a fortune is to buy
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