Risk management is an important part of running an agricultural business. The AgriInvest Account offered through TD Canada Trust is a valuable savings tool that can help you prepare for the unexpected.
AgriInvest helps you manage minor shortfalls in your income and provides financial support for investments that mitigate risk and increase market income.
Matching government deposits
Your AgriInvest Account grows as you make annual deposits into your Account, which are matched by federal, provincial, and territorial governments. Deposit up to 100% of your Allowable Net Sales annually, with the first 1% matched by government deposits. The limit on matching government contributions is $15,000 per year.
Your deposits may be insurable by the Canada Deposit Insurance Corporation.