Non-canola interest free limit set at $250,000 for 2026 Advance Payments Program

Glacier FarmMedia — The interest-free limit for non-canola advances under the Advance Payments Program has been set at $250,000 for 2026, up from $100,000.

The interest-free limit for canola advances is set to $500,000, Agriculture and Agri-Food Minister Heath MacDonald said in an April 1 news release.

“By increasing the interest-free portion of the Advance Payments Program, we’re helping farmers manage costs, while giving them more flexibility to market their products on their terms,” MacDonald said.

The program offers up to $1 million to Canadian farmers based on the expected value of their agricultural products. Twenty-four industry groups across Canada deliver the program.