July 23, 2025
To improve support for farmers, the federal and provincial governments have increased the AgriStability compensation rate from 80% to 90% for the 2025 program year only.
AgriStability covers large margin declines caused by production loss, increased costs, or market conditions.
Farmers who have enrolled for 2025 AgriStability coverage do not need to do anything to get the increased compensation. The improved support means if farmers do get a payment for 2025, it will be calculated with a rate that is 10% higher than the standard rate. Agricorp will automatically apply the 90% rate to all AgriStability payments for the 2025 program year.
2025 payments are made after the 2025 tax year ends and farmers submit their claim forms.
As another way to improve support for farmers, the current AgriStability payment cap is being doubled from $3 million to $6 million for the 2025 program year only.
Still time to sign up for AgriStability
The federal and provincial governments have extended the deadline for new and existing AgriStability customers to secure 2025 AgriStability coverage to July 31, 2025.
The extension gives farmers more time and flexibility to assess evolving risks and consider how AgriStability can help manage those risks.
The extension also means farmers have until July 31 to select the new tax-aligned reference margin option for the 2025 program year. This new way for farmers to participate in the program offers better predictability for AgriStability payments and less paperwork if customers don’t have a claim.
New AgriStability customers have until July 31 to submit a New Participant Form.
Related stories
