How do I open an agri invest account?
Ensure you meet the eligibility criteria to participate in AgriInvest. Generally, eligibility includes being a Canadian farmer actively reporting farming income and filing income tax returns.
AgriInvest is administered provincially, so contact your provincial or territorial agricultural agency or check their website for specific details and forms related to AgriInvest enrollment.
Obtain an AgriInvest application form from your provincial agricultural agency or download it from their website.
Fill out the application form completely and accurately. The form will require information such as your farm business number (FBN), contact details, and farming income details.
Submit your completed application form to your provincial agricultural agency by mail, fax, or online submission method as specified. Include any required documentation, such as copies of your income tax returns or other supporting documents as requested.
You will receive confirmation of your AgriInvest account enrollment. The account will be set up, and you will receive information on how to access and manage your AgriInvest funds.
You can also place free funds on a savings account.
Calculate your future income on a savings account (example):
| Amount, $ | Rate, % | Accrued %, $ |
| 25,000 | 3.80% | 950 |
| 25,000 | 3.90% | 975 |
| 25,000 | 4.00% | 1,000 |
| 60,000 | 4.10% | 2,460 |
| 60,000 | 4.20% | 2,520 |
| 60,000 | 4.30% | 2,580 |
| 140,000 | 4.40% | 6,160 |
| 140,000 | 4.50% | 6,300 |
| 140,000 | 4.60% | 6,440 |
| 340,000 | 4.70% | 15,980 |
| 340,000 | 4.80% | 16,320 |
| 340,000 | 4.90% | 16,660 |
See the similar FAQ about Canadian banks:
- B2B bank RRSP loan
- CIBC collections contact
- CIBC loan and financial calculators
- Citizens Bank student loans
- Coast Capital calculators
Details of companies offering the financial services:
Bank Of Montreal
Head office’s address: 119, rue Saint-Jacques Montreal, Quebec H2Y 1L6
Contact center: 877-225-5266
Phone: 416-867-5000
Web-site: http://www.bmo.com/main/personal
Swift code: BOFMCAM2
Stock code: BMO
BSB: 001
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
Scotiabank
Head office’s address: Scotia Plaza, 44 King Street West Toronto
Contact center: 800-472-6842
Phone: 416-866-6430
Web-site: http://www.scotiabank.com/ca/en/0,,2,00.html
Swift code: NOSCCATT
Stock code: BNS
BSB: 002
TD Bank
Head office’s address: Toronto-Dominion Centre, Po Box 1 Stn Toronto Dom, Toronto
Contact center: 866-222-3456
Web-site: https://www.td.com/about-tdbfg/our-business/index.jsp
Swift code: TDOMCATTTOR
Stock code: TD
BSB: 004