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Alberta Business Grants Ltd.

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AgriInvest | Agriculture and Agri-Food Canada

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Each year, you can deposit up to 100% of your Allowable Net Sales to your AgriInvest account and receive a matching government contribution on 1% of your Allowable Net Sales.

Description

AgriInvest is one of the Business Risk Management programs under the Canadian Agricultural Partnership (CAP) five-year, $3 billion investment by federal, provincial and territorial governments to strengthen the agriculture and agri-food sector. AgriInvest is a self-managed producer-government savings account designed to help you manage small income declines and make investments to manage risk and improve market income.

Eligible Applicants

Your AgriInvest account grows as you make deposits, receive matching government contributions and earn interest. You can withdraw funds from your AgriInvest account any time. Funds are withdrawn from your account in the following order:

  • Fund 2 – government contributions and interest (included in income for tax purposes)
  • Fund 1 – your deposits (not taxable)

Eligible Expenses

Your AgriInvest account grows as you make deposits, receive matching government contributions and earn interest. You can withdraw funds from your AgriInvest account any time. Funds are withdrawn from your account in the following order:

  • Fund 2 – government contributions and interest (included in income for tax purposes)
  • Fund 1 – your deposits (not taxable)

Deadline Date

The application intake period for the program is open.

Contact

Contact Name: AgriInvest Administration

Phone Number: 1-877-949-4885

Website: https://agriculture.canada.ca/en/programs/agriinvest

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Download Now! Five Grant Gotchas

There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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