Agriculture and Agri-Food Canada Farm Income Programs

Agriculture and Agri-Food Canada (AAFC), headquartered in Ottawa, offers several income support programs to help Canadian farmers manage financial risk and maintain stable cash flow. These include AgriStability, which provides payments when a producer’s income drops more than 30% below their historical average, now with a 90% compensation rate and a $6 million payment cap. AgriInvest allows farmers to build savings accounts with matching government contributions to buffer against small income declines and invest in their operations. The Advance Payments Program (APP) offers up to $1 million in cash advances, with $250,000 interest-free, helping producers meet financial needs while waiting for optimal market conditions.