The Canadian Federation of Agriculture policy summit examined several topics the industry is dealing with right now, including trade, and saw a major commodity group rejoin the organization
Tag Archives Advance Payment Program
Advance payment changes called for
The Canadian Federation of Agriculture policy summit examined several topics the industry is dealing with right now, including trade, and saw a major commodity group rejoin the organization
National farm group asks for increased environmental funding
WHITEHORSE — The Canadian Federation of Agriculture says agri-environmental requirements under the forthcoming Sustainable Agriculture Strategy could cost billions. It wants adequate federal funding to make sure that burden doesn’t all fall on farmers. It also suggested an agriculture disaster relief summit among governments and producers to better plan for extreme weather events before the […] Read more
Farmers fight changes to cash advance program
Producers applying to the program for the coming year have discovered that the interest-free portion has been reduced
REGINA — Farmers may have to wait until the federal budget to find out if the interest-free portion of cash advances will be available at the same level as last year. The Advance Payment Program offers up to $1 million in loans, and $100,000 is normally interest-free. However, in the last few years the government […] Read more
VIDEO: CFA delegates want interest-free portion of APP back at higher limit
OTTAWA — Federal agriculture minister Lawrence MacAulay said Feb. 27 he couldn’t move the interest-free portion of the Advance Payment Program back up to $350,000. However, he did suggest farmers talk to the finance minister about it. Speaking to delegates at the Canadian Federation of Agriculture annual meeting, the minister referenced the APP while talking […] Read more
Advance payment changes take effect
Advance Payment Program advances are based on up to 50 percent of the expected market value of the product or product in storage. The changes are not retroactive and took effect May 8.
Advances are available for crops, livestock and honey.
