Winnipeg, MB—Yesterday, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, announced that the interest‑free limit for the 2024 Advance Payments Program (APP) was being increased to $250,000, effective March 25, 2024. Canadian Canola Growers Association (CCGA) began accepting applications for the 2024 Program in mid-February, and starting today will be implementing the necessary changes to deliver cash advances at this higher interest‑free benefit. Previously, the interest-free limit was $100,000.
"This program enhancement is welcome news for farmers, saving them thousands of dollars in interest costs and putting additional cash flow in their hands as they... (read more)