Step 1. What this program offers
Intake period: Closed
The deadline to enrol is now closed.
Cash Reference Margin Pilot for the 2023 program year
If you farm in Manitoba, New Brunswick, or Newfoundland and Labrador and file your taxes on the cash basis, you can take part in the AgriStability Cash Reference Margin Pilot for the 2023 program year. Under the pilot, you can have your reference margin calculated using the cash income and expenses you report for income tax purposes with no accrual adjustments. The pilot will allow you to align your reference margin with your tax filing method.
To join the pilot, complete and submit a consent form by March 31, 2024.
Late participation for Nova Scotia producers
If your farm has experienced financial challenges because of the impacts of Fiona in 2022, and floods and fires in 2023, AgriStability can help. Although the enrolment deadlines have passed, you can participate for the 2022 and 2023 program years as a late participant.
AgriStability is one of the Business Risk Management programs under the Sustainable Canadian Agricultural Partnership (Sustainable CAP).
AgriStability 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.
Starting with the 2023 program year, the compensation rate under AgriStability will increase from 70% to 80%. You may receive a payment if your production margin in the current year falls below your historical reference margin by more than 30%. AgriStability covers 80% of the loss for every dollar below the threshold.
Use the AgriStability Benefit Estimator to help you understand how the program works and to calculate an estimated benefit.
Read how AgriStability and other business risk management programs helped farms that have faced different disaster situations.