Risk Management Program Edible horticulture
No fixed amount
Grant
Description:
Ontario’s Risk Management Program (RMP) helps producers manage risks beyond their control, like fluctuating costs and market prices. Under the RMP plan for edible horticulture, producers deposit funds into self-directed risk management (SDRM) accounts and the deposit is matched by the government to help mitigate risk associated with farm business.
Agricorp sends personalized participation forms to eligible producers in September.
Comments on Funding:
Applications are closed. Stay tuned for future intake announcements.
Eligibility:
Applicants must:
1. Have produced at least one eligible commodity in Ontario in 2023. There are more than 100 eligible commodities, including fruits, vegetables, herbs and spices, mushrooms, nuts, honey and maple products (see the Rates, Dates and Updates Information Sheet for a full list).
2. Have filed a T1163 with the Canada Revenue Agency or submitted a Statement A to Agricorp for 2023.
3. Have a minimum of $5,000 in allowable net sales (ANS) according to the calculation on your deposit notice.
4. Make a deposit to your SDRM account. Submit a completed deposit request and a cheque made payable to Agricorp by the deadline indicated on your forms.
5. Provide a premises ID number. To obtain your premises ID, go to ontariopid.com or call 1-888-247-4999.
Application Steps:
Applicants must contact Agricorp. Agricorp will send personalized participation forms to eligible producers in September.
Documentation Needed:
Applicants must submit Application form
Other Things to Note:
About the author
Maurice