Feds raise interest-free limit of the Advance Payments Program

Feds raise interest-free limit of the Advance Payments Program

CANADA - The program gives producers easy access to low-cost cash advances of up to $1 million, based on the expected value of their agricultural product.

Canada’s federal government has announced that the interest-free limit of the Advance Payments Program has been set at $250,000 for the 2024 program year.

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