Sustainable Canadian Agricultural Partnership (Sustainable CAP) is the new five year federal-provincial-territorial agricultural agreement in effect as of April 1, 2023. The agreement covers AgriStability program years 2023-2027.

Under Sustainable CAP, the AgriStability compensation rate has increased to 80 per cent or 80 cents per dollar of support from the previous 70 per cent rate. This change is in effect for the 2023 program year.

What hasn’t changed is the benefit trigger point or how fees are calculated – benefits still begin to trigger at 70 per cent of the reference margin and it still costs only $315 for every $100,000 of reference margin support. Losses in excess of 30 per cent are now compensated at $0.80 for every dollar of decline.