Canada-Quebec Initiative to Assist Livestock Producers in Mitigating the Impact of COVID-19 for 2020-2021
The calculation of compensation for keeping eligible animals on the farm takes into account:
Financial assistance is determined by multiplying the number of days to be compensated by the corresponding compensation per animal and may be paid in one or more instalments. The minimum compensation amount is $250 per participant.
|Animal Category||Compensation per Animal (dollars per day)|
Note : The compensation rate is set at 90%.
his assistance is considered allowable income for AgriStability purposes in calculating the 100% margin for the year, but will not be considered when calculating the reference margin. Moreover, the assistance will not be considered allowable income for calculating Adjusted Net Sales (ANS) under the AgriInvest Program.
For large game and slaughter cattle, calculating the number of days to be compensated begins when the holding time for each animal is attained. Eligible animals may then be compensated for a maximum of 63 days from the first day of holding on the farm.
For feeder pigs, calculating the number of days to be compensated begins when the waiting period of 7 days on the farm is reached. Eligible animals may be compensated for a maximum of 23 days in total after the holding time.
|Categories of Animal||Hold Time for Keeping the Animal on the Farm||Maximum number of eligible days|
|Large game||30 days||63 days|
|Feeder hogs||7 days||23 days|
|Slaughter cattle||15 days||63 days|