The Emergency Relief Program (ERP) has a payment limit of $125,000. However, if more than 75% of your adjusted gross income (AGI) is from farming, then you qualify for an extra $125,000 payment.
The bottom line is that farmers needs to have at least 66.66% of farm AGI to total AGI before they can include equipment gains. This will prevent many farmers from qualifying for increased payments.
Ag Growth International Inc. (TSX: AFN) ("AGI", "us", "we", "our", or the "Company") today announced an update to the outlook for our 2024 financial performance.
Impairment charge related to property, plant, and equipment, right-of-use assets ... headings "Non-IFRS and Other Financial Measures" in AGI's Q3 2024 MD&A and 2023 Annual MD&A (which information ...