Climate change increases Canadian agriculture insurance payouts, resulting in a $482M deficit in Saskatchewan's budget.
Climate change-related extreme weather hits Canadian agriculture industry, increasing government crop insurance payouts. This financial strain has led to a $482M deficit in Saskatchewan's budget, up from a predicted $1B surplus. Experts predict that taxpayers will face larger costs as natural disasters linked to climate change make it harder for farmers to maintain their operations.
April 04, 2024
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