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Grain Financial Protection Program (GFPP)

Ontario grain dealer and elevator protection

Source change captured

Funding available
Varies by project
Deadline
Open continuously
Location
Ontario, Canada
Who can apply
Grain dealers
See full eligibility

Overview

Supports Ontario grain dealers and elevator operators with licensing and financial protection. Maximum coverage on approved claims is 95%, and the program covers grain sales and storage obligations for canola, grain corn, soybeans, and wheat.

At a glance

Funding available

Varies by project

Financing goals
  • Improve governance or administrative structure
  • Strengthen organizational capacity
  • Ensure financial sustainability

Eligible candidates

Location
  • Ontario
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

Latest changes

GFPP handbook and security rules published

New GFPP program sources now spell out licence application steps, producer claim instructions, and the dealer financial security analysis.

See more

The Grain Financial Protection Program handbook now lays out the licence application process for grain dealers and elevator operators, including the supporting documents for first-time applications and renewal. It also adds detailed producer guidance on payment and storage obligations, weigh tickets, storage receipts, and claim filing responsibilities. The newly published financial security analysis confirms that dealer security can be set at up to 60% of the value of peak monthly purchases, with the required percentage tied to the applicant’s financial score and application situation. The program’s covered crops and exceptions are also spelled out in the handbook, including canola, grain corn, soybeans, and wheat.

Eligibility

Who is eligible?

  • Grain dealers
  • Grain elevator operators

Who is not eligible

  • Businesses buying grain for personal use only
  • Farm-to-farm sales
  • Seed corn, sweet corn, and popping corn transactions
  • Unlicensed grain dealers or elevator operators

Eligible geographic areas

  • Ontario

How to apply

  • Step 1: Contact Agricorp
    • Call Agricorp for guidance and program instructions.
    • Obtain the relevant forms and manual.
  • Step 2: Prepare the application
    • Complete the required application form.
    • Gather supporting documents, including financial statements and bank confirmation.
  • Step 3: Submit the application
    • Send the completed forms and fee to Agricorp.
    • For elevator operators, include the insurance certificate.
  • Step 4: Review and inspection
    • Agricorp reviews the application and may inspect the premises.
    • For dealers, financial responsibility is assessed before approval.
  • Step 5: Receive the licence
    • If approved, the licence is mailed to the applicant.
    • The licence must be displayed at the business location.

Documents Needed

  • Application for a licence as a dealer in grain; Financial security form; Banker’s confirmation; Business registration form or Articles of incorporation
  • Corporate profile form; Financial statements for the past three years, prepared by a third party
  • Application for a licence as a grain elevator operator; Agricorp’s Certificate of insurance coverage
  • Application for a shortfall permit
  • Application for an Offsite Storage Permit; insurance endorsement showing full coverage for the offsite location(s); copy of the signed lease agreement if applicable

Selection criteria

  • Financial responsibility assessment based on financial ratios.
  • Qualitative review of management experience and business risk.
  • Quality and recency of financial statements.
  • Trend in financial performance over time.
  • Banking arrangements and available credit.

Processing and Agreement

  • Complaint is first reviewed by the Director and investigated.
  • If unresolved, a claim can be filed with the Grain Financial Protection Board.
  • The Board reviews the claim and may contact involved parties for information.
  • The Board may hold a hearing and accept written submissions.
  • The Board decides the claim; there is no appeal.

Additional information

  • Licences are issued annually.
  • Renewal packages are sent 90 days before expiry.
  • Licences expire six months after the company financial year-end.
  • Agricorp may inspect business locations at any time.

Contacts

Official sources

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Frequently Asked Questions about the Grain Financial Protection Program (GFPP) Program

What is the Grain Financial Protection Program (GFPP)?

Supports Ontario grain dealers and elevator operators with licensing and financial protection. Maximum coverage on approved claims is 95%, and the program covers grain sales and storage obligations for canola, grain corn, soybeans, and wheat.

What is the deadline to apply?

The program is accepting continuous intake

Who is eligible for the Grain Financial Protection Program (GFPP) program?

To be eligible for the Grain Financial Protection Program (GFPP) program, you must: Licensed grain dealer or elevator operator Meets financial responsibility requirements Operates in grain trade

Who can I contact for more information about the Grain Financial Protection Program (GFPP)?

You can contact Agricorp by email at GFPB.GFPB@agricorp.com or by phone at 1-888-247-4999.

Where is the Grain Financial Protection Program (GFPP) available?

The Grain Financial Protection Program (GFPP) program is available the province of Ontario.

Is the Grain Financial Protection Program (GFPP) a grant, loan, or tax credit?

Grain Financial Protection Program (GFPP) is a Grant and Funding

Who are the financial supporters of the Grain Financial Protection Program (GFPP)?

Grain Financial Protection Program (GFPP) is funded by Agricorp