AgriStability Payments
Agriculture and Agri-Food Canada (AAFC)
Last Verified: 2008-01-22
Related Reading
More Information
AgriStability, together with AgriInvest, replaces the coverage previously provided under the Canadian Agricultural Income Stabilization (CAIS) Program.
Should your production margin fall below 85% of your reference margin in a given year, you may fill out the AgriStability participant package forms to receive a program payment.
Eligibility Criteria
Individuals, co-operatives and corporations can participate in AgriStability. To be eligible, you must have:
- farmed for at least six straight months during the program year and reported your farming income (or loss) to Canada Revenue Agency for tax purposes; and
- completed (or attempted to complete) a production cycle during the program year.
Eligible Area
AgriStability is delivered by the federal government in:
provincially in:
-
Alberta by the Agriculture Financial Services Corporation (AFSC)
-
Ontario by Agricorp
-
Quebec by La Financière agricole
-
Prince Edward Island by its Department of Agriculture
Summary
You receive an AgriStability payment when your current year program margin falls below 85% of your reference margin. AgriStability is based on margins:
- Program margin - your allowable income minus your allowable expenses in a given year, with adjustments for changes in receivables, payables and inventory. These adjustments are made based on information you submit on the AgriStability harmonized form.
- Reference margin - your average program margin for three of the past five years (the lowest and highest margins are dropped from the calculation).
Manitoba Contact(s):
See National Contact.
National Contact(s):
AgriStability - Farm Income Programs
Agriculture and Agri-Food Canada
P.O. Box 3200, Station Main
Winnipeg, Manitoba R3C 5R7
Fax: 1-877-949-4885
Toll-free (information): 1-866-367-8506
Web site: http://www.agr.gc.ca/index_e.phtml
Hours of operation: Hours of Operation: 7:00 a.m. to 6:00 p.m. CST, Monday to Friday
DISCLAIMER
Information contained in this document is of a general nature only and is not intended to constitute advice for any specific fact situation. Users concerned about the reliability of the information should consult directly with the source, or seek legal counsel.
LINKS POLICY
Some of the hypertext links lead to non-federal government sites which are not subject to the Official Languages Act and the material is available in one language only.