Cash Advance Program

• The applicant must be an agricultural producer (individual, partnership, corporation, cooperative) producing eligible agricultural products.
• The applicant must be a Canadian citizen or a permanent resident and have reached the age of majority in the province where they farm.
• The agricultural products on which the advance is requested must be eligible under the Advance Payments Program (APP) and/or CCGA’s program offering (50+ commodities, including crops, honey, and livestock).
• The applicant must own the agricultural product being applied for; for a livestock advance, the stock must already be at foot.
• The advance must be secured by the agricultural product and, where applicable, additional security such as proceeds from an eligible business risk management program (e.g., AgriInsurance, AgriStability, or Farm Income Stabilization Insurance in Quebec) and/or another acceptable form of security.

Who is eligible?

• Canadian farms (including new and established farms) seeking short-term working capital financing through a cash advance
• Individual farm producers
• Farm partnerships
• Farm corporations
• Farm cooperatives

Who is not eligible

• Producers with an outstanding default on a previous or current Advance Payments Program (APP) advance with any APP administrator.
• Livestock operations applying for an advance on livestock that have been sent for slaughter.
• Operations producing products or animals under supply management (for example, eggs, dairy products, and poultry).
• Operations applying for an advance on breeding animals that are not intended for market during the production period.
• Applicants who are insolvent, bankrupt, or who have filed a notice of intention to make a proposal or made a proposal under the Bankruptcy and Insolvency Act, or who are seeking protection under other insolvency or bankruptcy-related statutes (for example, Companies’ Creditors Arrangement Act and the Farm Debt Mediation Act).

Eligible expenses

• Operating expenses.
• Maintenance costs.
• Employee wages.
• Purchase of farm inputs.

Eligible geographic areas

• Canada (Canadian farmers).
• British Columbia.
• Alberta.
• Saskatchewan.
• Manitoba.

• The program is administered by the Canadian Canola Growers Association (CCGA) under the federal Advance Payments Program (APP), a federal loan guarantee program.
• Eligible advances are calculated using AAFC-established advance rates that are intended to reflect up to 50% of anticipated market value and may change during the applicable production period.
• Applicants may have more than one advance outstanding (including more than one interest-free advance), but cannot have more than $1,000,000 outstanding at any one time.
• Application processing can normally be completed within two weeks, but timelines may vary by APP Administrator.