CCGA Begins a New Year Issuing 2020 Cash Advances

April 1, 2020CCGA Release

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)

Along with a new year of issuing advances, come some important changes for farmers who take an Advance... (read more)

Repayment Deadline for 2018 APP Cash Advances Extended Six Months

March 23, 2020CCGA Release

Winnipeg, MB — Earlier today, Agriculture and Agri‑Food Minister Marie‑Claude Bibeau approved a Stay of Default for the 2018 Advance Payments Program (APP) affecting farmers with cash advances on field crops, cattle and bison. The announcement includes a 6‑month extension of the 2018 Stay of Default for grain, oilseed and pulse crops;... (read more)