APP Interest Relief Program

Click here to download the 2017 Interest Relief Form

WHO IS ELIGIBLE?

Feeder Association Co-op Members

WHAT IS ELIGIBLE?

  • Feeder Cattle. Breeding livestock are not eligible

INTEREST FREE PROVISION

A producer and any related producers are entitled to receive the $100,000.00 interest free entitle under the APP once during the production period for all eligible products (livestock and crops)

ADVANCE RATE 

  • 50% of the expect market value as determined by Agriculture and Agri-Food Canada
  • Each association will determine the portion of your feeder loan that is eligible for interest relief

PRODUCTION PERIOD

  • Production periods are 24 months starting April 1st of each year
  • However, feeder co-op loans must still be paid out within 12 months

HOW TO APPLY

  • Complete the Application form and submit it along with your feeder contract application
  • Submit the $150.00 application fee