The interest-free portion of the federal Advance Payments Program will be $250,000 this year, much to farmers’ relief. The amount had been set to drop back to $100,000 at the end of this month after sitting at $350,000 for 2023.
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Federal agriculture minister Lawrence MacAulay said Feb. 27 he couldn’t move the interest-free portion of the Advance Payment Program back up to $350,000.
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