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Source verified April 22, 2026
Farm Income Stabilization Insurance (ASRA)
Income protection for Quebec farm businesses
Funding available
$ 50,000
Deadline
Open continuously
Location
Quebec, Canada
Overview
Farm Income Stabilization Insurance protects Quebec agricultural businesses against price and production cost fluctuations. It provides compensation when average selling prices fall below stabilized income for eligible animal and crop productions.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Ensure financial sustainability
Eligible Funding
- Maximum amount : 50,000 $
- Up to 25% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Income stabilization insurance for specialized farm productions.
- Protection against market price fluctuations and production cost increases.
- Coverage for eligible animal and crop productions under ASRA.
Documents Needed
- ASRA registration form
- Direct deposit form
- Required supporting documents for registration
Official resources
Eligibility
Who is eligible?
- Quebec farm businesses.
- Producers of eligible animal and crop productions.
Eligible expenses
- ASRA insurance contributions paid by the producer.
- Administrative fees for each insured product or category.
Eligible geographic areas
- Quebec
How to apply
- Step 1: Check eligibility
- Review the requirements for the production you want to insure.
- Confirm that your business meets the program conditions.
- Step 2: Complete the forms
- Fill out the ASRA registration form.
- Complete the direct deposit form.
- Step 3: Send your application
- Submit the completed forms to the nearest service centre.
- Send them before the deadline, if one applies to your production.
- Step 4: Wait for confirmation
- The membership start date is based on receipt of all required documents.
- Keep your records for follow-up and future program management.
Processing and Agreement
- Applications are reviewed after all required documents are received.
- The membership start date is set on the date of document receipt.
- If already enrolled, the five-year contract renews automatically unless the producer opts out in time.
- Compensation and contribution notices are issued according to the payment calendar.
Additional information
- This program is a group insurance program.
- It is complementary to AgriStability and AgriInvest.
- The start date of membership is the date all required documents are received.
- For cereals and canola, membership is renewed annually by April 30.
Contacts
Frequently Asked Questions about the Farm Income Stabilization Insurance (ASRA) Program
What is the Farm Income Stabilization Insurance (ASRA)?
Farm Income Stabilization Insurance protects Quebec agricultural businesses against price and production cost fluctuations. It provides compensation when average selling prices fall below stabilized income for eligible animal and crop productions.
How much funding can be received?
Farm Income Stabilization Insurance (ASRA) Funds up to 25% of admissible expenses, capped at $50,000 per project.
Who is eligible for the Farm Income Stabilization Insurance (ASRA) program?
To be eligible for the Farm Income Stabilization Insurance (ASRA) program, you must:
Own the insured production.
Insure all eligible production.
Meet product-specific minimums.
What expenses are eligible under Farm Income Stabilization Insurance (ASRA)?
Income stabilization insurance for specialized farm productions.
Protection against market price fluctuations and production cost increases.
Coverage for eligible animal and crop productions under ASRA.
Who can I contact for more information about the Farm Income Stabilization Insurance (ASRA)?
You can contact La Financière agricole (FADQ) or by phone at 1 800 749-3646.
Where is the Farm Income Stabilization Insurance (ASRA) available?
The Farm Income Stabilization Insurance (ASRA) program is available the province of Quebec.
Is the Farm Income Stabilization Insurance (ASRA) a grant, loan, or tax credit?
Farm Income Stabilization Insurance (ASRA) is a Grant and Funding