The Sebringville Feedmill - Sebringville - Karen von Knobloch
Opening your YNCU AgriInvest Account
AgriInvest helps you manage small income declines, and provides support for investments to mitigate risks or improve market income. Your AgriInvest account builds as you make annual deposits based on a percentage of your Allowable Net Sales and receive matching contributions from federal, provincial, and territorial governments.
You can open an AgriInvest account at Your Neighbourhood Credit Union. AgriInvest Deposit Notices were mailed to producers starting in July 2010. The notices include information on setting up a new AgriInvest account and an Account Initiation Form. To open a new AgriInvest account at YNCU, complete the form and return it to your local YNCU branch.
When you open your new AgriInvest account, YNCU will notify Agriculture and Agri-Food Canada (AAFC) that you’ve opened an account, and any existing AgriInvest funds will be transferred to your new account. Moving your accounts closer to where you live and work gives you the flexibility to keep track of your funds easily and to earn a competitive rate of interest on your deposits.
If you have any questions about the program our Agriculture Specialist would be happy to help. Contact Sandra Eedy at 519-393-6690.
To learn more about AgriInvest, visit the program website at www.agr.gc.ca/agriinvest, call AAFC toll free at 1-866-367-8506, or visit your nearest YNCU branch.