Advance Payment Program

Farm groups pleased Interest-Free Amount through APP has increased to $250-thousand

Farm groups pleased Interest-Free Amount through APP has increased to $250-thousand

Mar 26, 2024 | 5:04pm
Farmers who have applied for a cash advance through the Advance Payments Program (APP) may be pleased with Monday’s announcement from the federal government. Minister of Agriculture and Agri-Food Canada Lawrence MacAulay announced the interest-free portion of the APP is going up from $100-thousand to $250-thousand for 2024. The interest-free amount has fluctuated over the […]
APAS issues concerns over reduction of Advance Payment Program

APAS issues concerns over reduction of Advance Payment Program

Feb 22, 2024 | 9:26am
The recent decision to reduce the interest-free portion of the Advance Payment Program (APP) from $350,000 to $100,000 has stirred apprehension within the agricultural community across Canada, with the Agricultural Producers Association of Saskatchewan (APAS) issuing numerous concerns. The Advance Payment Program is a federal loan guarantee initiative that has served as a resource for […]