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Farms.com’s Top 10 Prairie Stories in October 2024


6) AgriStability Program to align with tax filings

Accounting supplies

In Alberta, farmers play a crucial role in sustaining the provincial economy and ensuring food security.

Recognizing the challenges faced by these vital contributors, the Agriculture Financial Services Corporation announced beneficial changes to the AgriStability program aimed at reducing administrative burdens and associated costs for producers. 

Starting in 2025, the AgriStability program will allow farmers to align their program reporting with their tax filings.

This adjustment promises to significantly cut down on paperwork and accounting fees, thereby simplifying the enrolment and participation process.
 

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