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June, 2020
AgriStability deadline extended to July 3
T
he AgriStability enrolment deadline for the 2020 program year has been extended, without penalty, from April 30 to July 3, 2020.
The extension offers farmers additional time to sign up and benefit from the program.
This exceptional step to extend the deadline was agreed to by federal, provincial and territorial governments, and will help more farmers manage the impact of current market disruptions, increased expenses and production challenges facing many farm operations. Farmers experiencing losses are encouraged to apply for interim payments under AgriStability for more rapid support. The Info Bulletin announcing the extension can be found at http://www.canada.ca/en/agriculture-agri-
food/news/2020/04/info-bulletin---agristability2020-enrollment-deadline-extended.html
New - Treatment of private insurance indemnity payments Private insurance payments will be treated as nonallowable income in the calculation of the program year margin starting with the 2020 program year. This means that payments you receive from private insurance will no longer reduce the support you receive from AgriStability. This change applies to private insurance payments from programs where the premiums are fully producer-funded and compensate for losses related to price, revenue, productions or margins. Private insurance payments will remain allowable in your
