August 1, 2019
Feds expand loan program
Landscape Mangement Network staff pose outside their new headquarters in Markham, Ont.

Feds expand loan program

The Agriculture and Agri-Food Minister Marie-Claude Bibeau announced the federal government has implemented new regulations to strengthen the Advance Payments Program (APP).

The amendments made to the Agricultural Marketing Programs Regulations increase loan limits from $400,000 to $1 million for all producers on a permanent basis, and increase the interest-free portion of loans on canola advances from $100,000 to $500,000 in the 2019 program year under the APP. Producers of all other commodities can continue to receive up to $100,000 interest-free. Producers are encouraged to contact their APP administrator regarding application details and processing timelines.