An AgriStability Payment could be triggered if your Production Margin falls 30 per cent below your Reference Margin, due to any combination of production loss, adverse market conditions or increased costs.
All clients must submit a Statement A Harmonized form annually. After your Statement A Harmonized form has been verified, a Calculation of Benefits will be mailed to you. The Calculation of Benefits (COB) is a summary of your income, expense and supplemental farm information. The COB you receive will show the value of your total payment for the year and how it was calculated.
When an AgriStability Payment is triggered, the Program pays 80 cents per every dollar of decline. AgriStability offers a maximum payment of $3M and a $1B limit on the total allowable income. Use this calculator to estimate your potential benefit.
Interim Advance Payments are available in the current program year, for clients who are enrolled in the AgriStability program and have paid their Enrollment Fees.
AgriStability Interim Advance Payments provide:
To be eligible for an Interim Payment, you must have completed a production cycle and six consecutive months of farming activity. If you receive an Interim Payment, you must submit final Program forms by the required deadlines.
Apply for an Interim Advance Payment now!
Enrol today! If you have any questions, AgriStability Customer Support is available by calling 1-877-343-2767 or by email at AgriStability@gov.bc.ca.
Agriculture Insurance and Income Protection Programs help manage production risk and stabilize income. Regional offices are located around the province.