List what steps you need to take regarding legal, contractual and financial obligations if a foreign animal disease is confirmed in Canada.
Based on your planning activities, state what steps you will take to mitigate the financial impact to your farming operation, e.g. asset sales, flock depopulation or partial depopulation, debt restructuring, liquidating savings, off-farm employment. If you have a timeline when each activity will occur, note that beside the activity.
List Who to Call:
List people/offices to call and discuss the financial implications of disease detection and anticipated market interruption: Financial institution, Business advisor, Processor, Other Customers, Holders of leases and rental agreements, Accountant or tax advisor, Insurance Broker or Agent, and Lawyer.
Make contact now and again in the event that a disease outbreak does occur. Note any insurance coverage restrictions relating to on-site disposal: