Cash advances are available for the 2015-16 Advance Payments Program. This year, there are changes to make the program more convenient.
The Canadian Canola Growers Association is administering cash advances for 45 commodities, including oilseeds, cereals, pulses, specialty crops, cattle, and hogs. Other changes include the removal of withhold and added flexibility for repaying grain advances. Producers are eligible for an interest-free cash advance of up to $100,000 and an additional, interest-bearing $300,000 at CIBC prime.
For more info, visit ccga.ca, call 1-866-745-2256, or contact your local elevator.