2019 program year files are being processed
SCIC is now accepting final AgriStability program forms for the 2019 Program Year. Farming and ranching operations with a non-calendar year end can complete and submit their final program forms at any time.
SCIC processes files based on the order they are received. Submitting program forms well in advance of the September deadline will help files be processed more quickly.
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2020 Interim Benefits
Interim benefits provide an option to receive a portion of AgriStability benefits early, to help support losses and cover costs before completing the fiscal year. The interim benefit is based on the estimated margin decline or loss for the year compared to the farm’s reference margin. The decline must be at least 30 per cent below the reference margin in order to access a payment. The interim benefit is then issued at 50 per cent of the estimated final benefit.
Producers receiving an interim benefit payment must be enrolled and submit all final program forms by the required deadlines. To learn if you are eligible, please contact the AgriStability Call Centre at 1-866-270-8450.
AgriStability Industry Advisory
Industry Advisories are posted periodically to provide information of AgriStability Program deadlines, features and changes.
Click here to read more »AgriStability under the Canadian Agricultural Partnership
AgriStability is a national program under the Canadian Agricultural Partnership (CAP) agreement on agriculture policy. This five-year federal-provincial-territorial funding agreement governs business risk management (BRM) programs such as Crop Insurance, AgriStability, Western Livestock Price Insurance and AgriInvest.
Changes to BRM programs, including AgriStability, took effect for the 2018 program year. The major change to AgriStability involves the Reference Margin Limit (RML). Producers are now guaranteed that the RML used in their program calculations will never be less than 70 per cent of their conventional reference margin. This change will help producers with a low cost expense structure which would have resulted in a low reference margin.