Grain Growers of Canada Applauds Government Boost to Farmer Support Through Enhanced Loan Program
March 25, 2024 (Ottawa, ON) – Grain Growers of Canada applauds the Government of Canada’s announcement today to offer a $250,000 interest-free portion of the Advance Payments Program (APP) this year to farmers across Canada. APP advances are important in supporting the cash flow of grain farmers to meet their financial needs until they’re able to sell their grain.
“We commend Minister MacAulay and the government for this announcement that will support thousands of grain farmers across the country,” stated Andre Harpe, Chair of GGC. “With the rising cost of inputs and low grain prices at harvest, a higher interest free portion of the APP is needed.”
GGC recognizes the importance of early announcements like this, which provide both predictability and stability, ensuring that grain farmers and administrators can efficiently plan their financial strategies for the year ahead. GGC looks forward to working with the government to ensure the APP continues to support grain farmers.
Kyle Larkin, Executive Director of Grain Growers of Canada, is available for interview.
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About Grain Growers of Canada (GGC):
As the national voice for Canada’s grain farmers, Grain Growers of Canada (GGC) represents over 65,000 producers through our 14 national, provincial and regional grower groups. Our members are trade oriented, sustainable and innovative. As a farmer-driven association for the grains industry, GGC advocates for federal policy that supports the competitiveness and profitability of grain growers across Canada. Learn more at: www.GrainGrowers.ca.
For media inquiries, please contact:
Hana Sabah
Communications Manager
Grain Growers of Canada
hana@graingrowers.ca | 514-834-8841
