Canadian Canola Growers Association Wants Limit Increase On Cash Advance Program

Mar 22, 2018
 
Bill C-49 needs to be amended and passed by the Senate as soon as possible.
 
That from Canadian Canola Growers Association (CCGA) CEO Rick White, who spoke earlier this week at an emergency meeting hosted by the House of Commons Standing Committee on Agriculture and Agri-Food.
 
CCGA had a suggestion for the federal government.
 
"One of the solutions that we put forward on behalf of farmers was to have the government consider expanding the limit on the Cash Advance Program from $400,000 to $800,000, just as an assurance to make sure that farmers at least have credit available should this problem continue and they're not able to ship grain, they're not able to get paid," said White. "We don't want to turn this into a cash flow problem for farmers."
 

 

Source : Steinbachonline
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