AgriInvest
AgriInvest is one of the business risk management programs available to producers under the Sustainable Canadian Agricultural Partnership (Sustainable-CAP). The program is administered by the federal government.
How AgriInvest works?
It is a self-managed producer-government savings account designed to help producers manage small income declines and make investments to manage risk and improve market income.
Each year, you can deposit up to 100% of your Allowable Net Sales to your AgriInvest account and receive a matching contribution on 1% of your Allowable Net Sales. Your Allowable Net Sales are the gross sales minus purchases of your allowable commodities (including seed, plant, livestock purchases). More information and an example calculation are available on the AgriInvest Fact Sheet.
Your AgriInvest account grows as you make deposits, receive matching government contributions, and earn interest. You can withdraw funds from your AgriInvest account at any time. Funds are withdrawn from your account in the following order:
- Government contributions and interest (included in income for tax purposes)
- Your deposits (not taxable)
Detailed information on the program is available in the AgriInvest Program Guidelines.
For more information on participating visit Eligibility and How to apply.
Who to contact?
For general inquires and to start the process, contact the AgriStability Office at 902-836-0435.
For more detailed inquiries about AgriInvest, contact Agriculture and Agri-Food Canada at 1-866-367-8506. Hours of operation are 8am to 5pm CST Monday to Friday.
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