Global instability has made extra challenges for Ontario farmers this year, with rising fuel and fertilizer costs. In response, Farm Credit Canada and Agriculture and Agri-Food Canada have taken measures to offer more financial support to farmers.
Federal Agriculture Minister Heath MacDonald last week announced that the interest-free limit of the Advance Payments Program would remain at $250,000 for the 2026 program year for all non-canola advances. This extends the enhanced limit from 2025, which also allows up to a $500,000 interest-free loan for canola-specific advances.
