AgriStability 2025 Program Year Changes

Changes are being made to the AgriStability Program commencing with the 2025 program year. These changes will improve timeliness, increase predictability, and reduce paperwork. 

Deadline Change

Starting with the 2025 program year, the deadline to submit supplemental forms and tax information will move to June 30, 2026. The final deadline (with late forms penalties applying) will be September 30, 2026. 

Tax Aligned Reference Margin Option 

Starting with the 2025 program year, producers can choose to have their reference margin calculated using the same method used to file tax (tax aligned reference margin). This change only applies to the reference margin. The program year will remain on the accrual basis requiring submission of supplemental forms.

For cash filers:

• Your reference margin will be based on the 5 years of historical cash income and expense information that you have reported to the Canada Revenue Agency for tax purposes.
• Your reference margins will no longer be adjusted to account for purchased inputs, deferred income, accounts receivable and payable and crops and livestock inventory.
• You will no longer have to send the Administration up to 5 years of historical accrual information, significantly reducing the information new or returning participants are required to supply.
• You will only need to submit supplemental forms for a program year when you expect to receive a benefit.

For accrual filers:

• You will continue to have your reference margins based on the 5 years of historical accrual income and expense information that you report to the Canada Revenue Agency for tax purposes.
• You will only need to submit supplemental forms for a program year when you expect to receive a benefit.

You are eligible to have your reference margin calculated using the tax aligned reference margin (cash or accrual), if you:

• Farm in PEI.
• Are enrolled in AgriStability for the current program year.
• Send the Administration a completed AgriStability Tax-aligned Reference Margin Consent Form by the deadline.

Coverage Notice Option

Starting with the 2025 program year, producers opting into the tax aligned reference margin can receive a coverage notice. The coverage notice will provide an estimate of your reference margin and support level for the program year. The coverage notice will help you determine if you qualify for a benefit and if you need to submit supplemental information for the program year. Coverage Notices will be issued in the fall of the given program year.

You are eligible to receive a coverage notice if you:

• Farm in PEI.
• Are enrolled in AgriStability for the current program year.
• Elect to have a tax-aligned reference margin.
• Have submitted / filed your prior year tax information.
• Send the Administration your Intended Productive Capacity Form for the current program year by the deadline.

For more information about these changes, call the office at 902-836-0435 or email AICStability@gov.pe.ca. You may also refer to our Frequently Asked Questions page.