Agricorp delivers a variety of programs and payments on behalf of the federal and provincial governments. Agricorp’s programs protect Ontario producers against many of the business and agricultural risks they face every day.
Risk Management Program
Ontario's Risk Management Program (RMP) helps producers manage risks beyond their control, like fluctuating costs and market prices. The program is available for the cattle,
edible horticulture,
grains and oilseeds,
hog,
sheep and
veal sectors.
Production Insurance
Production Insurance covers production losses and yield reductions caused by insured perils. Depending on the plan, coverage is available on a total-yield or acreage-loss basis. Producers can choose the type and level of coverage that best meets their needs.
AgriStability
AgriStability covers large margin declines caused by production loss, increased costs or market conditions. If a producer’s margin falls below 70 per cent of their recent average, AgriStability helps to offset the difference.
Beef Cattle Financial Protection Program
Ontario's
Beef Cattle Financial Protection Program provides financial protection to beef cattle sellers when a licensed dealer defaults on payment.
Grain Financial Protection Program
The
Grain Financial Protection Program protects producers who sell grains and oilseeds to licensed dealers and producers or owners who store grains and oilseeds at licensed elevators. The program has both a licensing and inspection component and a financial protection component.
Farm Business Registration
All farms that gross $7,000 or more must register each year under the
Farm Business Registration (FBR) program. Registered farming operations are eligible to apply for the farmland property class tax rate. The annual fee pays for a membership in an accredited farm organization of the producer’s choice.
Farm Property Class Tax Rate Program
The
Farm Property Class Tax Rate Program, also known as the "Farm Tax Program," is one of the ways the province of Ontario supports agriculture. Through the program, farmland owners receive a reduced property tax rate. Eligible farmland is taxed at no more than 25 per cent of the municipality’s residential property tax rate.
Provincial Premises Registry
The
Provincial Premises Registry (PPR) is a record of individual parcels of land associated with agri-food activities. The information can be used by government to provide swift response to incidents that could impact agri-food businesses, such as weather disasters, animal or plant disease outbreaks or contaminated food. You must have a premises identification number to be eligible for the Risk Management Program.
AgriInvest
AgriInvest is a savings account that producers can use to either cover small income declines or support other investments. Each year, producers can deposit up to 1 per cent of their Allowable Net Sales (ANS) into a bank account and receive a matching government contribution. Producers can withdraw funds at any time.
Small Cidery Program
The
Small Cidery Program is a provincial program that allows eligible Ontario cideries to apply for a grant payment to help them grow their operations.
Small Distillery Program
The
Small Distillery Program is a provincial program that allows eligible Ontario distilleries to apply for a grant payment to help them grow their operations.
VQA Wine Support Program
The
Vintners Quality Alliance (VQA) Wine Support Program supports Ontario wineries in increasing competitiveness and innovation while growing the sale of Ontario VQA wines at the Liquor Control Board of Ontario (LCBO). The Program provides grants to help wineries invest in growing their VQA wine business, including export and tourism development activities.
Winery Agri-Tourism COVID-19 Relief Initiative
The Winery Agri-Tourism COVID-19 Relief Initiative provides financial support to eligible wineries and cideries whose on-site sales were impacted while provincial measures were in place to stop the spread of COVID-19.
