On behalf of Canada’s 60,000 beef producers, from cow-calf farmers and ranchers to feedlot operators, we are calling on the federal government to update the interest free portion of the Advance Payments Program (APP) to $350,000. Without action by April 1, the program will revert to the outdated $100,000 limit.
Establishing an updated $350,000 interest free limit under the APP would provide producers with the flexibility they need to continue strengthening Canada’s food security and competitiveness.