Winnipeg, MB—Canadian Canola Growers Association (CCGA) will soon be issuing Advance Payments Program (APP) cash advances under an increased interest-free limit of $350,000 for the 2023 program year. The enhancement, announced earlier today by Agriculture and Agri-Food Minister Marie-Claude Bibeau, will see the maximum interest-free portion of a cash advance increase from $250,000 to $350,000 for the 2023 program, effective May 8, 2023.
“We're working diligently to get the updates needed in place as quickly as possible," says Dave Gallant, Director of Finance and APP Operations at CCGA. “Given the current business environment, farmers will be keen to take advantage of the... (read more)