The government-backed Advance Payments Program, commonly called the cash advance, is a tool used by farmers to even-out cash flow and help take the pressure off marketing decisions. It has expanded over the past few decades from a small program offered by the Canadian Wheat Board (CWB) for wheat, barley, and durum, to a program… Read More
The administration of cash advances has become a competitive business following legislative changes to the federal government’s cash advance program last year. With the passage of Bill C-18, each producer group that serves as an Advance Payments Program administrator (find a list here) can issue the short-term loans for all 45 crops and livestock types covered in… Read More