• SCOR EDC

AgriStability - Agriculture & Agri-Food Canada



AgriStability provides support when you experience a large margin decline. You may be able to receive an AgriStability payment when your current year program margin falls below 70% 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). Your reference margin will be limited to the lower of your historical reference margin or your average allowable expenses for the years used to calculate your reference margin.


Should your production margin fall below 70% of your reference margin in a given year, you will receive a program payment.


To participate in AgriStability, you must:

  • Farm in Canada

  • Complete a production cycle and at least six consecutive months of farming activity in the program year

  • Report farming income or loss to Canada Revenue Agency unless exempt under the federal Indian Act


Objectives

Provides support when you experience a large margin decline. 


Contact Information

Toll Free Number:1-866-367-8506


Information taken from:

Agricorp: https://www.agricorp.com/en-ca/Programs/AgriStability/Pages/Overview.aspx

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



Click the link below to stay up to date with the latest funding incentives and programs:

https://lp.constantcontact.com/su/Y9ARp7T

SCOR EDC Business Portal

4 Elm St., Tillsonburg, ON N4G 0B4

do@scorregion.com

519-842-6333

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