What is the financial information collection process?

Information gathered through financial information collection is used to process the different programs in which you participate and that are administered by La Financière agricole du Québec.

Target programs

Every year, La Financière agricole gathers its clients’ financial information in order to manage the following programs:

Collection benefits

By using the processing tool, you get modern service delivery and simplified transmission of your financial information in a secure computerized environment. In addition, the amount of correspondence from La Financière agricole is reduced and our involvement with you better harmonized.

Your responsibilities during the year

2019 Deadlines

The information must be transmitted at the latest nine months after the end of your fiscal period. This information is always shown on the documents requesting financial information.

For the 2019 collection period, here is the table of deadlines that apply:
End of fiscal period	Transmission deadline without any penalty	Transmission deadline before becoming ineligible for AGRI
31 January 2019	31 October 2019	31 January 2020
28 February 2019	30 November 2019	28 February 2020
31 March 2019	31 December 2019	31 March 2020
30 April 2019	31 January 2020	30 April 2020
31 May 2019	28 February 2020	31 May 2020
30 June 2019	31 March 2020	30 June 2020
31 July 2019	30 April 2020	31 July 2020
31 August 2019	31 May 2020	31 August 2020
30 September 2019	30 June 2020	30 September 2020
31 October 2019	31 July 2020	31 October 2020
30 November 2019	31 August 2020	30 November 2020
31 December 2019	30 September 2020	31 December 2020

Please note also that if you transmit your information beyond the ninth month following the end of your fiscal period, a penalty will apply. For more details, see the Table of Penalties.

For the 2019 collection period, here is the table of penalties applying to programs when transmission deadlines for financial information are exceeded:
Program	Penalty	Period in which penalties apply
AgriStability	$500 per month or part of month late.	From the 10th to 12th month following the end of the fiscal period. Ineligible for AGRI beyond the 12th month.
AgriInvest et Agri-Québec	5% a month or part of month late.	From the 10th to 12th month following the end of the fiscal period. Ineligible for AGRI beyond the 12th month.
Farm Income Stabilization Insurance (ASRA)	Compensation is reduced by 40% per relevant year according to the sector — animal or plant product — and the date of the end of the business’s fiscal year for a business that does not participate in the AgriStability program.	Not applicable
Loan Guarantee — Protection Against Interest Rate Hikes	Possible suspension of the protection against interest rate hikes.	Beyond the 9th month
Loan Guarantee — Investment Line of Credit	Possible suspension of any further disbursements from the Investment Line of Credit.	Beyond the 9th month

2020 Deadlines

The information must be transmitted at the latest nine months after the end of your fiscal period. This information is always shown on the documents requesting financial information.

For the 2020 collection period, here is the table of deadlines that apply:
End of fiscal period	Transmission deadline without any penalty	Transmission deadline before becoming ineligible for AGRI
31 January 2020	31 October 2020	31 January 2021
28 February 2020	30 November 2020	28 February 2021
31 March 2020	31 December 2020	31 March 2021
30 April 2020	31 January 2021	30 April 2021
31 May 2020	28 February 2021	31 May 2021
30 June 2020	31 March 2021	30 June 2021
31 July 2020	30 April 2021	31 July 2021
31 August 2020	31 May 2021	31 August 2021
30 September 2020	30 June 2021	30 September 2021
31 October 2020	31 July 2021	31 October 2021
30 November 2020	31 August 2021	30 November 2021
31 December 2020	30 September 2021	31 December 2021

Please note also that if you transmit your information beyond the ninth month following the end of your fiscal period, a penalty will apply. For more details, see the Table of Penalties.

For the 2020 collection period, here is the table of penalties applying to programs when transmission deadlines for financial information are exceeded:
Program	Penalty	Period in which penalties apply
AgriStability	$500 per month or part of month late.	From the 10th to 12th month following the end of the fiscal period. Ineligible for AGRI beyond the 12th month.
AgriInvest et Agri-Québec	5% a month or part of month late.	From the 10th to 12th month following the end of the fiscal period. Ineligible for AGRI beyond the 12th month.
Farm Income Stabilization Insurance (ASRA)	Compensation is reduced by 40% per relevant year according to the sector — animal or plant product — and the date of the end of the business’s fiscal year for a business that does not participate in the AgriStability program.	Not applicable
Loan Guarantee — Protection Against Interest Rate Hikes	Possible suspension of the protection against interest rate hikes.	Beyond the 9th month
Loan Guarantee — Investment Line of Credit	Possible suspension of any further disbursements from the Investment Line of Credit.	Beyond the 9th month

Contact Us

If you have difficulty transmitting your financial information, please contact the Financial Information Collection and Processing team.