Reading Time: 2 minutes The federal government’s low-interest loan guarantee program for Canadian farmers will sweeten the interest-free portion of its offer for the next two program years to help with farm cash flow. Agriculture Minister Marie-Claude Bibeau on Thursday announced a temporary increase in the interest-free portion of the Advance Payments Program to $250,000, up from the usual […] Read more
Cash advances’ interest-free portion temporarily raised
APP funds now interest-free for first $250K
Advance Payments Program to offer 100 per cent up front
Feds temporarily waive 60 per cent up-front limit
Reading Time: 2 minutes Canadian farmers seeking pre-production cash advances under the federal Advance Payments Program ahead of this year’s spring seeding will be able to get the entire eligible amount up front. Federal Agriculture Minister Marie-Claude Bibeau on Wednesday announced a “temporary waiving” of the program’s usual requirement that pre-production cash advances be issued in instalments of 60 […] Read more
A message from April Stewart, Country Guide's Associate Editor
