Minister of Agriculture and Rural Economic Development, Kody Blois, stated that in 2025, the compensation rate under the AgriStability program will increase from 80% to 90%, and the payment cap will be doubled to $6 million CAD. Additionally, provinces and territories will be allowed to enter agreements to provide higher interim payments and activate Targeted Advance Payments in cases of tariffs or disease outbreaks in the pork sector, such as African Swine Fever.
Farmers enrolled in AgriStability will be eligible to receive up to 75% of their estimated final payment as an advance. The program also enables sector- or region-specific payments if market disruptions result in significant losses that meet AgriStability’s support criteria.
The federal government reaffirmed its commitment to protecting Canada’s agri-food sector both domestically and internationally. Authorities remain open to constructive dialogue with China to resolve trade disputes based on mutual respect.
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