September 10, 2021, Estimating the Economic Value of Improving the Ecological Condition of the Saskatchewan River Delta Ecosystem, Elisabeta Lika
In practice, the role and value of river deltas, which are among the most important and valuable ecosystems on a per hectare basis and provide the highest value of ecosystem services, is often biased towards the financial estimates from commercial use. Hence, their non-market values tend to be underestimated and not typically accounted for in economic analysis for policies and projects. There is limited evidence on estimating non-market values, in particular non-use values, associated with restoring river deltas in Canada, including the Saskatchewan River Delta (SRD), currently threatened by various human interaction activities. This research aims to contribute to the limited body of knowledge by seeking to elicit public preferences and assess Canadians’ willingness to pay for improving the ecological condition of the SRD ecosystem. To accomplish the objective, a stated preference survey is designed, tested, and distributed to a sample of 4000 respondents across Canada. Various probabilistic choice models in consistency with the Random Utility theoretical framework are used to analyze the survey responses. By putting focus on non-use values, this research also aims to support decision-makers to better identify, prioritize, and protect critical ecosystem services of the SRD as well as promote restoration actions.
April 16, 2021, Evaluating Premiums for Weaned Calves Marketed with Value-Added Management Characteristics, JoseeMonvoisin
The objective of this presentation is to outline the foundation that has been created to answer the following research question: How do different weaned calf attributes and management practices affect the price of weaned calves sold via Canadian electronic auction market from 2016 to 2020. This research presentation will provide insight into the dataset, an introduction to the Hedonic Pricing model and the variables captured in this research.
April 16, 2021, Quantifying the Carbon Sequestered in 25 Years of Herbicide-Tolerant Canola Production in Saskatchewan, Chelsea Sutherland
In recent years, climate change mitigation strategies have moved to the forefront of global policy discussions. One important element of mitigating GHG emissions is soil carbon sequestration, the process through which CO2 is transferred from the atmosphere into the soil. Sustainable agricultural management practices, such as the reduction of tillage and summerfallow, contribute to improved soil carbon sequestration by reducing soil disturbance and retaining crop residue levels. Over the last twenty-five years, Saskatchewan farmers have shifted production almost entirely to conservation tillage and have eliminated summerfallow from their rotations. The adoption of beneficial technologies, such as HT canola and glyphosate, have facilitated this shift in management practices. However, before the contributions made by farmers towards improving agriculture’s carbon footprint can be recognized in policy, their impacts must be quantified. This research quantifies the changes in Saskatchewan soil carbon sequestration, resulting from the adoption of conservation tillage and the elimination of summerfallow, since HT canola was introduced. It also identifies to what extent farmers attribute the adoption of these management practices to the introduction of various innovative technologies and provides an estimated economic value of the sequestered carbon. Using data collected through a survey of Saskatchewan farmers’ management practices, the change in soil carbon sequestration is quantified using a carbon accounting framework. Its economic valuation is also estimated using three pricing scenarios: the Canadian federal carbon tax, a carbon marketplace, and the social cost of carbon.