2018 program year files are being processed
Participants in AgriStability for the 2018 program year do not need to wait until the September 30 deadline to submit their program forms. Once producers have finalized their income and expense (taxes) information for 2018, they can complete their AgriStability supplemental information (inventory, purchased inputs, deferrals, accounts payable and accounts receivable) and submit it to SCIC.
SCIC processes files based on the order they are received. Submitting 2018 program forms well in advance of the deadline will help files be processed more quickly.
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.
AgriStability Industry Advisory
Updated: August 15, 2019
Industry Advisories are posted periodically to provide information of changes, enhancements and new features to the AgriStability Program. In this issue, further information is available about submitting 2018 program forms.Click here to read more »