AgriStability — Québec
- Open continuously
Overview
Get financial support to help manage large income declines caused by production loss, increased costs or market conditions.
At a glance
Funding available
- No objectives are currently available
- Up to 40% of project cost
- Open continuously
Eligible candidates
- Agriculture, forestry, fishing and hunting
- Quebec
- For-profit business
- Sole proprietorship
- $ 1,000,000 maximum revenue
- All organization sizes
- Rural or Northern Residents
Next Steps
Activities funded
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.
Eligibility
Who is eligible?
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.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
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.
Additional information
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.