Government of Canada Improves Access to Cash Advances for Producers
Amendments to Advance Payments Program receive green light, beneficial changes are in place for 2016
(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 02/05/16 -- Agriculture and Agri-Food Canada
Agriculture and Agri-Food Minister Lawrence MacAulay confirmed today that new regulations are now in place that simplify access to cash advances under the Advance Payments Program (APP) and make the program more flexible for farmers. The regulatory changes were made possible as a result of amendments made to the Agricultural Marketing Programs Act in February 2015.
The regulatory changes, in place for the 2016 program year, allow for several new improvements, which include:
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"These changes to the Advance Payments Program will mean improved cash flow for farmers, helping them meet their financial obligations, while at the same time reducing their paper burden."
- Lawrence MacAulay, Minister of Agriculture and Agri-Food
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Datum: 05.02.2016 - 10:17 Uhr
Sprache: Deutsch
News-ID 1413617
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