Government of Canada announces Stay of Default on outstanding 2018 cash advances in response to COVID-19

March 23, 2020 – Prime Minister announces support for farmers and agri-food businesses under Canada’s response to COVID-19.

FarmCash opens spring application, lowers interest rate and waives application fee

March 16, 2020 (Calgary, AB) – FarmCash announced today that its spring application is now open for business with a lower interest rate than ever before. Farmers can apply today to receive funds as early as April 1 at a reduced interest rate of prime minus 0.75 per cent. FarmCash is further announcing that farmers will no longer pay a fee to apply.

FarmCash opens fall online application offering Alberta producers up to $1 million in cash advances

September 3, 2019 (Calgary, AB) - Over the Labour Day long weekend, the FarmCash cash advance program opened the 2019 fall application. As of
September 1, Alberta producers can apply online through FarmCash for a fall advance on over 50 agricultural
commodities. FarmCash is offered through the Advance Payments Program of Agriculture and Agri-Food
Canada (AAFC).