There are a few changes to AgriStability this year because a new federal agricultural policy framework has been introduced for the next five years. The Canadian Agricultural Partnership (replacing Growing Forward 2 as of April 1, 2018) is an investment by the federal, provincial and territorial governments to strengthen the agriculture and agri-food sector. AgriStability is funded under this policy.
Less paperwork required to join
One of the changes under the new agreement is for new participants or for those who would like to re-enrol in AgriStability. It's now easier for these producers to enrol in the program because less information about their farming history is required to determine their fee and their reference margin. This means less paperwork.
To learn more, call Agricorp to speak with an AgriStability specialist.
More information about AgriStability, including changes to the reference margin limit, can be found in the links below.