The federal agriculture department is investing in a professorship at the University of Winnipeg.
The Guy Carpenter Professorship in Agriculture Risk Management and Insurance is part of the University's Asper School of Business. According to Agriculture and Agri-Food Canada, research conducted by the professorship will stimulate sound and innovative risk management policy.
It's also expected to have an impact on private sector risk management and insurance initiatives.
The federal government is investing 5 hundred thousand dollars into the position over 5 years.
