Advance Payments Program

Click here to download APP Application for 2017

WHO IS ELIGIBLE?

  • Be a Canadian Citizen or permanent resident and be of the age of majority
  • Must own the agricultural product and be responsible for its marketing

Eligible Commodities

Cattle, Sheep, Bison, Grain & Forage

CASH ADVANCE PROGRAM DETAILS

  • Limit of $400,000.00 of which the first $100,000.00 s interest free, Interest bearing portion of cash advance is at prime minus
  • Advance Rate is 50% of the expected market value/head as determined by Agriculture and Agri-Food Canada
  • The $100,000.00 interest free portion of cash advance is for all related producers once during the production period for all eligible products (livestock and crops)
  • Producer must be enrolled in Agri-Stability and/or WLPIP for livestock advances and AgriStability and/or production insurance for grain/forage advances

PRODUCTION PERIOD

  • Production periods are 24 months (livestock) and 18 months (grain/forage) starting April 1st each year

HOW TO APPLY 

  • Complete the application form and submit it to your local feeder association or the BCBFA office
  • Ensure that all required attachments accompany the application