Federal Government's Stay of Default Details For 2018 Advance Payments Program

Mar 31, 2020

The Federal Government announced a stay of default last week on repayments for the 2018 Advance Payments Program giving farmers another six-month extension.

Rick White, President, and CEO of the Canadian Canola Growers Association says farmers won’t have to do anything in order to take advantage of the extension.

“They do still continue to enjoy and take advantage of the interest-free portion of 2018 that is included in the extension. The rollover provision to move their 2018 into 2019 is still in play; although the deadlines for both those programs are now going to be at the end of September. So, those are lined up on the same date. So now both 2018 and 2019 will come due on September 30.”

He notes there are still a number of outstanding payments that are owed under the program through the CCGA.

“In our instance, there are still about 1600 farmers with 2018 balances, that amounts to about $136 million left outstanding. So those 1600 farmers with that money outstanding will now have an extra six months to pay that debt down as they, deliver that grain.”

White says farmers who have questions about their cash advance should contact the CCGA or their program administrator.

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Video: A chain harrow is a game changer

Utilizing a rotational grazing method on our farmstead with our sheep helps to let the pasture/paddocks rest. We also just invested in a chain harrow to allow us to drag the paddocks our sheep just left to break up and spread their manure around, dethatch thicker grass areas, and to rough up bare dirt areas to all for a better seed to soil contact if we overseed that paddock. This was our first time really using the chain harrow besides initially testing it out. We are very impressed with the work it did and how and area that was majority dirt, could be roughed up before reseeding.

Did you know we also operate a small business on the homestead. We make homemade, handcrafted soaps, shampoo bars, hair and beard products in addition to offering our pasture raised pork, lamb, and 100% raw honey. You can find out more about our products and ingredients by visiting our website at www.mimiandpoppysplace.com. There you can shop our products and sign up for our monthly newsletter that highlights a soap or ingredient, gives monthly updates about the homestead, and also lists the markets, festivals, and events we’ll be attending that month.