Agriculture and Agri-Food Canada (AAFC)-AgriRisk Initiatives (ARI) – Research and Development (R&D) Stream (2022)

Description:

The ARI R&D stream prioritizes projects involving new financial tools (such as insurance products, options / futures / price pooling and other hedging tools) which allow producers to manage a defined business risk.

Issues that can be addressed are, but not limited to:

  • responding to diseases in livestock and crops,

  • protecting producers from severe market price fluctuations,

  • coverage for producers’ revenue risk,

  • protecting against loss from contracts in new markets.


The R&D stream also prioritizes projects addressing climate change risk. Issues that can be addressed under this priority include, but are not limited to:
  • improving measurement and tracking of climate change impacts on farms,

  • increasing producer knowledge of climate change adaptation strategies,,

  • updating regional climate change risk management plans.

Comments on Funding:

Funding is up to $500,000 per applicant per fiscal year.

Eligible project costs will normally be shared between AAFC and the applicant (75% from AAFC and 25% from the applicant). The applicant’s portion of the cost-share can be a combination of both cash and in-kind contributions.

Total government funding is normally limited to 85% of eligible project costs.

Eligibility:

Applicant must be:

  • not-for-profit organizations, which are:
  • industry associations
  • Indigenous groups
  • co-operatives, mutual insurance companies or reciprocals
  • legal entities capable of entering into legally binding agreements.

Applications Steps:

Documentation Needed:

The applicant must submit:

  1. a completed application form, signed by the applicants’ authorized representative(s);
  2. a completed work plan listing all activities, activity lead(s) / principal investigator(s) / contractor (s), detailed description of the work undertaken, and research methodology, if applicable;
  3. a completed budget with forecasted total project costs by activity, cost category and fiscal year and sources of funding;
  4. a copy of the applicant organization’s Certificate of Incorporation or Articles of Incorporation;
  5. the organization’s annual financial statements (audited or review engagement) for the past two years or since the date of organization start-up;
  6. Letters of Financial Support from all organizations providing a cash or in-kind contribution to the project as per the Budget, if applicable;
  7. Project Endorsement Letters/ Letters of Support from organizations indicating they believe there is a need for the proposed project for the sector
  8. Capital Asset Pre-approval for Capital Costs to be purchased for the project that are $10,000 or more.

Other Things to Note:

  1. Numerous services from Agriculture and Agri-food Canada are temporarily unavailable. We will restore services as soon as possible. Thank you for your patience.
  2. The AgriRisk Initiatives: Research and Development Contribution Funding Stream is open to receive project summaries addressing new financial tools or climate change risk.
  3. Project Summaries are accepted on a continuous basis until program funds have been allocated, or until otherwise posted on this website.
  4. Total ARI program funding is approximately $55 million over five years, with the program ending March 31, 2023.

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