ALERT

Feeder settlement delayed

Feeder settlement indexes will be delayed for the week of August 8 due to to insufficient volume of reported cash market sales. For additional information, please contact your local LPI office or the LPI Client Service Centre at 1-877-899-2372.

Home / FAQs / All producer premiums go into a general fund to pay indemnities. What happens if the payout for indemnities exceeds what is in this fund?

Frequently Asked Questions

All producer premiums go into a general fund to pay indemnities. What happens if the payout for indemnities exceeds what is in this fund?

January 19, 2021

If the fund goes into a deficit position, the Government of Canada and indemnity from a reinsurance policy will cover the program. Existing policies will be honoured even in the case of a border closure or similar catastrophic market event.