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.
“The U.S. and broader North American farm market continues to be soft with a noticeable ... call or webcast will be distributed closer to the release date. AGI is a provider of the equipment and ...
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 ...