CCGA Preparing for Announced APP Interest-Free Changes

Winnipeg, MB – Last week, Prime Minister Mark Carney announced the Government’s intention to temporarily increase the interest-free limit for 2025 and 2026 Advance Payments Program (APP) cash advances for canola. According to the announcement, farmers will have access to a doubling of the interest-free portion for canola advances. Presently, the interest-free limit for all commodities is $250,000 with a maximum eligible advance limit of $1 million.

The September 5th announcement stated that the program changes are in response to “ongoing trade uncertainty, especially affecting canola producers” and that the expanded support “will give canola producers greater financial flexibility to manage risk, invest in their operations and remain competitive in uncertain markets.”

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