
Risk management is an important part of running an agricultural
business. The AgriInvest Account, now 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 depositsYour AgriInvest Account grows as you make
annual deposits into your Account, which are matched by federal,
provincial, and territorial governments. Deposits are based on 1.5%
of your allowable net sales (ANS) for the program year. Matching
government deposits are capped at $22,500 per year. You can withdraw AgriInvest funds at any time to cover small
margin declines or for other investments. AgriInvest replaces the coverage for margin losses of less than
15% that was previously covered by the Canadian Agricultural Income
Stabilization (CAIS) program. Open an account todayTo open an AgriInvest Account, bring your
original AgriInvest Account Initiation Form to your local TD Canada Trust
branch or contact your local
Agriculture Specialist.
Forms and guides are available at the Agriculture and Agri-Food Canada website.
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