Winnipeg, Manitoba — April 1st is an especially important day at Canadian Canola Growers Association (CCGA), because it's the day the organization begins issuing new 2020 spring cash advances to farmers across Western Canada.
Along with a new year of issuing advances, come some important changes for farmers who take an Advance Payments Program (APP) cash advance through CCGA. "New this year, we have eliminated the administration fee and reduced the interest rate on interest‑bearing advances to prime less 0.75%," says Rick White, President & CEO at CCGA.
The Advance Payments Program is a federal loan program administered by CCGA. It offers Canadian farmers... (read more)