AgriStability — Québec

Who is eligible?

Who is not eligible

This grant outlines specific types of companies and industries that are not eligible based on the nature of their activities. These restrictions ensure that the assistance supports agricultural operations directly involved in farming within Canada.

• Companies involved in forestry product production.
• Aquaculture-related businesses.
• Racehorse industries.
• Peat moss production companies.
• Businesses involved in cannabis production.
• Operations dealing with wild animals in their natural environment.
• Entities engaged in the resale of products not originating from their own farm operations.
• Companies generating income from farming activities conducted outside of Canada.

Eligible expenses

The AgriStability program provides essential financial protection to Canadian farm businesses by stabilizing their income in the face of declining production margins. While the context does not list specific eligible projects or activities, the focus of the program is to safeguard the overall income of farm operations affected by income variability.

Eligible geographic areas

• Canada
• Quebec
• British Columbia
• Alberta
• Saskatchewan
• Ontario
• Prince Edward Island
• Manitoba
• Newfoundland and Labrador
• Nova Scotia
• New Brunswick
• Northwest Territories
• Yukon

AgriStability provides front-line intervention to protect farm income based on actual financial information. The program stabilizes income in the event of a decline in production margin.

• Farm business must have actual financial information
• Stabilizes income in case of decline in production margin
• Participation in AgriStability may result in additional financial assistance with Agri-Québec Plus program
• Special terms apply for businesses participating in both AgriStability and ASRA
• Compensation under ASRA may be reduced by 40% for businesses not participating in AgriStability

• Step 1: Preliminary Registration
  • Visit La Financière agricole du Québec's official website.
  • Create an account on the online portal if you don't have one.
  • Log in to your account to access application forms.
• Step 2: Eligibility Verification
  • Ensure your agricultural products and income activities qualify under the AgriStability program guidelines.
  • Review any specific terms if also participating in ASRA.
• Step 3: Prepare Financial Information
  • Compile your actual financial records demonstrating your production margin.
  • Ensure all financial documents meet the program's requirements.
• Step 4: Complete the AgriStability Application
  • Fill out the application form available on the portal.
  • Provide detailed information about your farm business and financial data.
• Step 5: Submit Application
  • Review your application for completeness and accuracy.
  • Submit the completed application through the online portal before the deadline.
• Step 6: Confirmation of Submission
  • Receive a confirmation email or notification from the portal upon successful submission.
  • Keep a record of your application and confirmation for future reference.

Here are additional relevant details for this grant:

• Businesses using both AgriStability and ASRA will receive the higher compensation amount calculated between the two programs.
• ASRA compensation is reduced by 40% for businesses not participating in AgriStability.