DOWNLOAD NOW! 5 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.
  • This field is for validation purposes and should be left unchanged.

AgriStability Program

Value

The maximum payment you can receive (including combined operations) is $3 million.

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

  • 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

Who can participate?

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

AAFC will base your AgriStability payment on your farm’s current and prior year production margins. To receive a payment, your production margin for the current year must fall below your reference margin by more than 30%.

The maximum payment you can receive (including combined operations) is $3 million.

Deadline Date

  Ongoing. The deadline to enroll for the 2022 program year has been extended to June 30, 2022.

Contact

Contact Name: AgriStability Administration

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

Website: http://www.agr.gc.ca/eng/?id=1291990433266

Go to Top