After several months of negotiation, Canada’s federal, provincial, and territorial Ministers of Agriculture have agreed to remove the reference margin limit for AgriStability. As this is a substantial change to the program, the enrolment deadline for the 2021 program year was extended to June 30, 2021.
Interim payments increased for 2021
On July 22, 2021, the governments of Canada and Alberta announced that producers enrolled in AgriStability who trigger an interim benefit will receive 75 per cent of the estimated benefit. This increase from 50 to 75 per cent is intended to assist producers with their cash-flow.
File your forms online with AFSC Connect
Producers can complete their supplementary forms online from any device, while corporations can complete their tax and supplementary forms.
File your AgriStability Supplementary Forms – watch How to video
File Corporate Tax information (Statement A) and submit Corporate Financial Statements and T2 Schedule 1 – watch How to video
Once logged in, you can chat online with AFSC if you have questions about AFSC Connect or your AFSC programs.
AgriStability targets assistance to farm operations facing large margin declines caused by production loss, increased costs, or market conditions. It is a low-cost program, with an approximate fee of $315 for every $100,000 of reference margin.