AgriInvest - 4. After you apply

4. After you apply

1. Agriculture and Agri-Food Canada will send you a Deposit Notice

Agriculture and Agri-Food Canada (AAFC) will process your form and send you a deposit notice showing:

  • how much you can deposit into Fund 1 of your account
  • the deadline to make your deposit

To learn how AAFC will calculate your deposit, visit How is your deposit calculated?

2. Open your AgriInvest account

If you are a new participant:

  • AAFC will send you an Account Initiation Form with your Deposit Notice
  • open your new AgriInvest Account, sign the account initiation form and take it to a participating financial institution

The interest rate paid by the financial institution on funds held in an AgriInvest account is determined by the institution and must be similar to or better than rates offered on standard savings accounts. For this reason, interest rates on AgriInvest accounts may vary between financial institutions and you may choose to seek out the best rate available. For information on your AgriInvest account options and the interest rate paid on the account, contact any of the participating financial institutions listed in the "List of participating financial institutions".

List of participating financial institutions

3. Make your deposit at your financial institution

Make your deposit by your deadline:

  • you have 90 days from the date we issue your Deposit Notice to make a deposit to your AgriInvest account
  • you can only make one deposit by the deadline shown on your Deposit Notice. If you deposit less than your maximum matchable deposit, you cannot make up for it later.

When your financial institution confirms that you made your deposit, we will credit matching government contributions to Fund 2 of your account.

Important: Starting with the 2025 program year, participants with average Allowable Net Sales of $1 million or more over the previous three program years must have a valid agri-environmental risk assessment (AERA) in place during their fiscal year to receive matching government contributions. To avoid delays in receiving matching government contributions, complete your AERA declaration before making a deposit. For more information, see the Agri-environmental risk assessment requirement.

Privacy notice statement – call centre

We collect personal information from callers and call centre agents to respond to inquiries regarding agriculture and agri-food sector support programs and services and to facilitate program delivery.

Please note that all calls are recorded. Calls may also be monitored by a manager through a listen-in feature, which is only used for quality assurance purposes.

The collection and use of this information is authorized under the Financial Administration Act and the applicable legislation for the program you are inquiring about, including, but not limited to, the Farm Income Protection Act.

We use personal information to:

  • identify you, and where required, verify your program participation
  • respond to your inquiry and provide guidance or services
  • refer your inquiry to the appropriate program official for resolution
  • document and manage requests and interactions
  • administer and deliver Agriculture and Agri-Food Canada (AAFC) programs
  • improve service delivery and internal processes
  • monitor call centre agent performance and adherence to call centre policies and procedures
  • conduct program evaluation, reporting, and quality assurance

Caller information is stored in a Government of Canada–approved cloud solution managed by a vendor under contract with AAFC, with data securely stored in Canada.

The collection of personal information is described in Standard Personal Information Bank (PIB) PSU 914 (Public Communication) and in the program-specific PIB related to the program you are inquiring about, including, but not limited to, the PIB specific to AgriStability and AgriInvest (see Net Income Stabilization Account, PIB PPU 183). Personal information is retained for 2 years and then destroyed, unless it is used for program delivery purposes, in which case it is retained in accordance with the retention period specified in the applicable program-specific PIB.

Under the Privacy Act, you have the right to request access to, and correction of, your personal information. To exercise these rights, you may contact the Access to Information and Privacy Office at aafc.atip-aiprp.aac@agr.gc.ca.

You also have the right to file a complaint with the Office of the Privacy Commissioner of Canada if you believe your personal information has been handled improperly.

 

You can confirm the status of your AgriInvest deposit by:

  • checking your AgriInvest account statement from your bank or credit union
  • contacting us toll-free at 1-866-367-8506

4. Withdraw your funds when you need them

You can withdraw funds from your AgriInvest account any time.

Funds are withdrawn from your account in the following order:

  • Fund 2 - government contributions and interest (included in income for tax purposes)
  • Fund 1 - your deposits (not taxable)

Each year in February, AAFC will send you an annual Statement of Account showing a summary of your account transactions for the year, including any taxable withdrawals you made.

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