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 Payments 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
Programs available to help producers mitigate farm risk
Being a farmer isn’t for the faint of heart. The different daily risks can be overwhelming, from market fluctuations, political uncertainties and changing consumer preferences to the all-consuming weather. Many farming practices such as crop rotations, herd health practices, crop insurance and forward contracts have been implemented to mitigate risks. As part of the core […] Read more
Administration of APP could change
WHITEHORSE — Farmer-led organizations could lose their ability to run the Advance Payments Program, the largest administrator warned recently. About 30 organizations handle the program on behalf of the federal government. Dave Carey, vice-president of government and industry relations at the Canadian Canola Growers Association, said Ottawa is considering handing national administration to Farm Credit […] Read more
Advance payment program remains popular among farmers
Farm cash applications have increased year over year despite the lower interest exemption, program administrators say
Glacier FarmMedia – This year’s federal Advance Payments Program began with a reduction in the interest-free portion of the loan, but it has been humming along since its April 1 launch. As of June 10, the Canadian Canola Growers Association, the largest administrator of the program with about 95 per cent of APP dollars loaned […] Read more
Producers welcome change to cash advance program
After much lobbying, federal government decides to increase interest-free portion of program to $250,000 for this year
REGINA — The interest-free portion of the federal Advance Payments Program will be $250,000 this year, much to farmers’ relief. The amount had been set to drop back to $100,000 at the end of this month after sitting at $350,000 for 2023. Federal agriculture minister Lawrence MacAulay announced the change March 25. “In the face […] Read more
