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AgriStability Program | Agriculture and Agri-Food Canada

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Value

You may receive a payment if your production margin in the current year falls below your historical reference margin by more than 30%.

Description

AgriStability is one of the business risk management programs under the Canadian Agricultural Partnership. It protects Canadian producers against large declines in farming income for reasons such as production loss, increased costs and market conditions. AgriStability is a margin based program designed to help producers manage large income declines.

Each year, you must enrol in the program, pay your fee and submit a form by the applicable deadlines.

Eligible Applicants

You are eligible to participate in AgriStability if you:

  • farm in Canada
  • file an income tax return reporting farming income (loss) to the Canada Revenue Agency (CRA) by the final filing deadline for the program year
  • filed farming income (loss) for tax purposes for all reference years in which you farmed
  • complete a minimum of six consecutive months of farming activity and a production cycle, unless you experienced a disaster
  • enrol in the program, pay your fee and file a form by the applicable deadlines

Participants include:

  • individual producers
  • partners in a partnership
  • corporations
  • co-operatives
  • communal organizations
  • landlords in a joint venture
  • estates
  • trusts
  • limited partnerships
  • Status Indians and Band Farms farming on a reserve

Eligible Expenses

Deadline Date

The deadline to enrol for 2023 AgriStability is April 30, 2023.

Contact

Contact Name: AgriStability Program

Phone Number: 1-866-367-8506 (toll-free)

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

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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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