AgriStability — Québec
QC, Canada
Supports farm income stabilization during financial downturns
grant_single|update February 16, 2025
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
grant_single|grantors
- Gouvernement du Québec
- La Financière agricole (FADQ)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get financial support to help manage large income declines caused by production loss, increased costs or market conditions.
grant_single_labels|terms_and_conditions
The AgriStability program offers essential financial support to stabilize the income of farm businesses in Québec, addressing specific income declines. It acts as a frontline program with special terms for combined participation with ASRA.
- AgriStability covers income declines for eligible agricultural products, excluding certain categories such as forestry products and aquaculture.
- Businesses participating in both AgriStability and the ASRA program receive the higher amount between the government contributions from ASRA and AgriStability.
- ASRA's compensation is reduced by 40% for those businesses not participating in AgriStability.
grant_single_labels|projects
The AgriStability program aims to provide financial stability to farm businesses in Québec by supporting their income in the event of a production margin decline. While it covers a broad range of agricultural sectors, specific eligible projects or activities are not detailed in the provided context.
grant_single|admissibleProjectsExample
$ 75,000
Developing a farm management system to monitor and reduce production costs
$ 300,000
Upgrading farm machinery to improve the efficiency of crop production
$ 225,000
Constructing a cold storage facility to preserve harvested produce
$ 250,000
Implementing a greenhouse facility to extend the growing season of organic vegetables
$ 110,000
Implementing an irrigation system to conserve water on a crop farm
$ 220,000
Installing solar panels to reduce energy costs on a dairy farm
grant_single_labels|admissibility
The eligibility criteria for the AgriStability program are based on the type of agricultural operations and their location.
- Applicants must be involved in farming activities within Canada.
- Applicants' agricultural products must not include forestry products, aquaculture products, racehorses, peat moss, cannabis, or wild animals in their natural environment.
- Income generated must not be from the resale of products not originating from the operation's farm business.
- Businesses carrying on farming activities outside of Canada are not eligible.
grant_eligibility_criteria|who_can_apply
The AgriStability program is available for farm businesses within Québec that experience a decline in their production margin. It covers a wide range of agricultural products except specific categories, such as forestry products, aquaculture, racehorses, peat moss, cannabis, wild animals in their natural habitat, and resale products not originating from the farm business. Moreover, income from farming activities conducted outside Canada is not covered. Furthermore, businesses participating in both AgriStability and the ASRA program benefit from receiving the higher payment calculated under both programs, with some conditional restrictions on the ASRA program based on AgriStability participation.
grant_eligibility_criteria|who_cannot_apply
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.
grant_eligibility_criteria|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.
grant_eligibility_criteria|zone
This grant is managed by La Financière agricole du Québec, which suggests geographical limitations to Québec. However, specific eligible areas within Québec are not listed in the provided information.
grant_single_labels|criteria
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
grant_single_labels|apply
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grant_single_labels|otherInfo
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.
Apply to this program
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