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AgriInvest (Qeubec)

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Description

AgriInvest (Qeubec) is an individual program based on savings. You can make an annual deposit into an account and, in turn, receive matching government contributions (to a maximum of $10,000). Amounts deposited into the AgriInvest account thereby become a reserve allowing you to better manage the risks facing your operation.

Eligible Applicants

To be eligible for the AgriInvest program, you or your farm business must:

  • Have carried out farming in Canada and have reported farming income or loss for the year of participation to Canada Revenue Agency by December 31 of the year following the participation year;
  • Provide a Social Insurance Number, Québec Business Number or federal business number;
  • Be registered with the Ministère de l’Agriculture, des Pêcheries et de l’Alimentation du Québec, as stipulated by the Regulation respecting the registration of agricultural operations and the payment of real estate taxes and compensations, and provide the operation’s registration number;
  • Market a product subject to the regulations and conventions in effect in the framework of the Act respecting the marketing of agricultural, food and fish products.

Eligible Expenses

The AgriInvest program allows you to make an annual deposit into an account based on your allowable net sales (ANS). You, in turn, will then receive matching government contributions. The Canadian government pays 60% of the contributions and the Québec government 40%.

For more detailed information, please click the link indicated below.

 

Deadline Date

  Ongoing

Contact

Contact Name: La Financière agricole du Québec

Phone Number: 1-800 749-3646

Website: https://www.fadq.qc.ca/en/agriinvest/description/

Industry: Agriculture, Location: Quebec ,
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