Innovative Risk Management Program a First for Ontario's Greenhouse Flower Growers
GreenCHIP is New Tool to Help Growers in the Event of Quarantine
The governments of Canada and Ontario are helping the province's greenhouse industry meet consumer demand for high quality floral products by supporting an innovative, private sector risk management fund.
The industry-designed GreenCHIP fund will provide compensation for lost product and business interruption in the event of a quarantine ordered by the Canada Food Inspection Agency. Flowers Canada Growers Inc. will manage the fund, which will help growers market a consistent, high quality product while managing their unique business management risks.
Federal and provincial funding for the GreenCHIP project is provided through AgriRisk Initiatives under Growing Forward 2, which supports the research, development, and implementation of new risk management tools for use in the agriculture sector.
Ontario is providing more than $606,000 to support the development of the GreenCHIP program.
- Ontario is the third largest producer of greenhouse floricultural products in North America, behind California and Florida.
- The greenhouse flower industry is now Ontario’s seventh largest agricultural sector.
- According to Statistics Canada, the farm gate value of the Ontario greenhouse floriculture industry was $710 million in 2012. Export sales for greenhouse floriculture and nursery were $174 million.
- Floriculture production includes flowering potted plants, annual spring/bedding plants, container-grown perennials, spring flowering containers and cut flowers produced in heated greenhouses and freestanding hoop houses.
- In 2012, the industry employed about 8,505 people (5,040 seasonal and 3,465 full-time) with a gross yearly payroll of $157 million.
“Ontario’s flower growers are an important part of our economy in southern Ontario. This support will allow flower grower’s to implement a new tool to better manage business risks and grow their businesses.”
“Our government is committed to working with Ontario’s greenhouse flower producers to create a better climate for business investment, stronger economic growth and new jobs. GreenCHIP is an industry-run program that is good for business and good for Ontario.”
“GreenCHIP marks a new way of thinking about business risk management for the greenhouse floriculture industry. It’s an excellent example of the way producers are becoming increasingly responsible for managing their risk through industry-delivered private sector approaches.”