AgrInsurance Program
AgriInsurance aims to reduce the financial impacts of production losses by providing affordable insurance protection and by offering reinsurance.
Grant Deadline
Deadline not available
Funding Amount
Deadline not available
Type of Grant
Grant
Sectors
Agri-Food, Agriculture
Demographics
Incorporation
Government Institution
Perks
Region Restriction
This grant is restricted to whole of Canada This grant is restricted to whole of Canada This grant is restricted to whole of Canada This grant is restricted to whole of Canada This grant is restricted to whole of Canada
Keywords
agriculture, agri-food, market expansion, Purchasing new equipment, Business relief, First come first serve grant, Non-technical product development, Expanding or improving my physical location, Technical product development, buying material, making my company more sustainable, Research and development, Environmental sustainability project
Age Restriction
This grant is age restricted from 18 to 100
Eligibility and Requirements
AgriInsurance is a federal-provincial-producer cost-shared program, delivered provincially, that stabilizes your income by minimizing the economic effects of primarily production losses caused by severe but uncontrollable natural hazards.
Examples of possible eligible perils:
- drought
- flood
- wind
- frost
- excessive rain, heat, snow
- uncontrolled disease
- insect infestations
- wildlife
You get a payment when you experience a production loss during the year. We contribute a portion of total premiums and administrative costs to this provincially delivered program. We also provide a reinsurance arrangement (deficit financing) to provinces.
Provinces that participate in the reinsurance arrangement
Currently, 5 provinces participate in the reinsurance arrangement:
- Alberta
- Manitoba
- New Brunswick
- Nova Scotia
- Saskatchewan
Commodities covered by the program
Each province develops and delivers AgriInsurance plans in accordance with the Farm Income Protection Act, the Canada Production Insurance Regulations and Multilateral Framework Agreements to meet the needs of the producers in that province. These plans help to cover production losses as well as loss of product quality and both yield and non-yield based plans are offered.
Examples of traditional crops the plans cover:
- wheat
- corn
- oats
- barley
Examples of horticultural crops the plans cover:
- lettuce
- strawberries
- carrots
- eggplants
Some provinces also provide coverage for bee mortality as well as maple syrup production.
To expand the program beyond crops, we developed directives for offering livestock production insurance. Under the Canadian Agricultural Partnership, there are clear guidelines for provinces to develop and implement livestock plans under AgriInsurance.
Who is eligible
The program is currently available to most producers in all provinces. Eligibility criteria for this program, as established at the provincial level, will continue to evolve as provinces add new commodities to their lists of insurable agricultural products. The Provincial contact information section provides links to program details in each province.
How the program is funded
The federal and provincial governments help to make production insurance affordable by sharing the cost of premiums with producers and by co-funding program administration.
How the program is delivered
Each province currently has either a Crown corporation or a branch of their provincial agriculture department responsible for administering the program. Our role is to provide program oversight by ensuring that the obligations under Farm Income Protection Act, the Canada Production Insurance Regulations and the Federal-Provincial-Territorial Framework Agreement (currently the Canadian Agricultural Partnership) are respected.
Grant Application website
https://agriculture.canada.ca/en/agricultural-programs-and-services/agriinsurance-program
Contact
AgriInsurance Program
1341 Baseline Road, Tower 7, Floor 8
Ottawa ON K1A 0C5
Email: aafc.agriinsurance-agri-protection.aac@agr.gc.ca
TTY: 613-773-2600