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Farm Income Stabilization Insurance (ASRA)
Income protection for Quebec farm businesses
Record updated
- Funding available
- $ 50,000
- Up to 25% of project cost
- 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.
At a glance
Funding available
- Maximum funding
- $50,000
- Maximum share of project costs
- 25%
- Ensure financial sustainability
Eligible candidates
- Location
- Quebec
- Eligible Industries
- All industries
- Annual revenue
- All revenue ranges
- Organisation size
- All organization sizes
- Audience
- All groups
- Legal structures
- For-profit business
Start applying for this program
Take a practical assessment to gain a clear understanding of how well this program aligns with your specific needs and long-term goals.
Availability timeline
2026
Periods: 1
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
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.
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.
Documents Needed
- ASRA registration form
- Direct deposit form
- Required supporting documents for registration
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
Official sources
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.
What is the deadline to apply?
The program is accepting continuous intake
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)?
ASRA insurance contributions paid by the producer.
Administrative fees for each insured product or category.
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.