AgriStability: Fact Sheet
Participating in AgriStability
AgriStability is a margin-based program which allows producers to protect their farm operations against large declines in farm income. A program payment is triggered when a producer's margin (allowable revenue less allowable expenses) in the program year drops below their average margin from previous years (historical reference margin).
Starting in the 2013 program year, governments will provide assistance once a producer's margin falls below 70 per cent of their historical reference margin. In other words, producers will receive an AgriStability payment when their income in the program year drops more than 30 per cent below their historical reference margin.
Participating in AgriStability in Three Easy Steps
Step 1: Sign up
Each year, you are required to actively decide if you want to participate in the AgriStability program and pay an annual program fee. Similar to AgriInsurance, this decision must be made in advance of your program year, before eligibility for a payment has been determined.
Existing Participants: If you are an existing participant, you will be automatically enrolled in AgriStability. If you do not wish to participate, you must indicate this on the tear-off portion of your Enrolment Notice and return it to the Administration by the deadline shown on your Enrolment Notice. If we do not hear from you by that date, your fee and penalty will be outstanding.
New Participants: If you have never participated in AgriStability or have not participated for the previous two years, you must contact the Administration by April 30 of the program year to request to participate.
The Administration will send you the forms you need to complete and return in order to participate. The information collected on these forms is used to produce your Enrolment Notice which will identify the fee you need to pay in order to participate.
Step 2: Pay your fee
If you decide to participate, you must pay your fee by the fee deadline, or 30 days from the date of the Enrolment Notice, whichever is later. Your deadline is identified on your Enrolment Notice.
Late fee payments will be accepted until December 31 of that year or 60 days from the date on your 2015 Enrolment Notice (whichever is later), but will have a 20% penalty added. You must pay your fee by December 31 or you will be ineligible to participate in AgriStability for the program year. As well, your fee and fee penalty will be considered outstanding and applied to future program years.
If you decide not to participate, you must indicate this on the tear-off portion of your Enrolment Notice and return it to the Administration by the deadline shown on your Enrolment Notice. If we do not hear from you by that date, your fee and penalty will be outstanding.
Step 3: Submit your form
You must submit your AgriStability form by the established deadline. If you miss the deadline, you can still submit the form for up to three months past the deadline. However, your benefit will be reduced by $500 for each month (or part of a month) your application was submitted past the initial deadline.
Once your application is processed, you will receive a Calculation of Program Benefits Notice (COB) and an AgriStability benefit (if applicable).
- Sign up: The deadline to enroll for the 2017 program year is April 30, 2017.
- Pay your fee: The deadline to pay your 2017 fee without penalty is April 30, 2017 or 30 days from the date on your Enrolment Notice, whichever is later. Your deadline is identified on your Enrolment Notice.
Fees paid after this date will have a 20% penalty added. If you do not submit your fee by December 31, 2017 or 60 days from the date on your 2017 Enrolment Notice (whichever is later), you will not be eligible for 2017 benefits and you will owe the fee, the Administrative Cost Share, and any late penalties.
- Submit your form: Forms for the 2017 program year will be available in early 2018.
- Sign up: The deadline to enroll for the 2016 program year was April 30, 2016.
- Submit your form: If you are enrolled for 2016 AgriStability the deadline to submit your form is September 30, 2017. If you miss the September 30, 2017 deadline, you can still submit the form until December 31, 2017. However, your benefit will be reduced by $500 for each month (or part of a month) your application was submitted past the initial deadline.
For individual producers, the AgriStability application is harmonized with the AgriInvest and income tax form. For corporations, the applications is harmonized with the AgriStability application. For information on the correct form to submit, see the chart at the bottom of the page.
- Receive your Calculation of Program Benefits Notice (COB) and AgriStability benefit (if applicable): After your 2016 application is processed you will receive a 2016 COB, which outlines the calculation of your production margin, reference margin and AgriStability benefit (if applicable).
Adjustments and Appeals
You can request an adjustment to the information used in calculating your AgriStability benefit for the program year by completing and submitting an adjustment request form to the Administration. See the chart at the bottom of the page for information on the correct adjustment form to submit.
Any adjustments to your AgriStability information affecting your taxable income must have been filed with the Canada Revenue Agency and are subject to verification and/or audit. Adjustments you submit may also affect other government programs in which you participate.
You may submit an adjustment to the information on your COB within 18 months from the date indicated on your original COB.
If an adjustment is accepted, you have 18 months from the date on the original COB or 90 days from the date on the Revised COB (whichever is later) to request an adjustment to the new calculations on the Revised COB. If the adjustment results in a change to the amount of your benefits, any additional amount owing will be paid to you, and any amount that has been overpaid will be repayable by you.
If the adjustment is not accepted, you have 90 days from the date of written notification to request an appeal.
If you feel that program rules were not correctly applied in the processing of your application, you may request a review of the application by the Administration. If the Administration cannot resolve your concerns, your request may be referred to an Appeals Committee. The Appeals Committee will review the appeals in accordance with procedures established by the Administration, and the agreements governing the program.
For more information about appeals and appeal deadlines, see the AgriStability Appeal Process fact sheet.
For more information
Please call the AgriStability Administration toll-free at 1-866-367-8506.
AgriStability Application and Adjustment Forms
|Participant Type||Form||Send Form To||Adjustment Request Form||Send Adjustment Request Form To|
|Individual||T1273 - Harmonized AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Individuals||
Canada Revenue Agency Tax Centre
|T1275 - AgriStability and AgriInvest Additional Information and Adjustment Request Form||AgriStability Administration PO Box 3200 Station Main Winnipeg, Manitoba R3C 5R7|
|Corporations, Cooperative and Special Individuals||2014 Statement A - Corporations/Co-operatives and Special Individuals||
|AgriStability and AgriInvest Additional Information and Adjustment Request 2014|
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