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FVGC welcomes the Government of Canada’s decision to set the interest-free limit of the Advance Payments Program at $250,000 for the 2026 program year

FVGC welcomes the Government of Canada’s decision to set the interest-free limit of the Advance Payments Program at $250,000 for the 2026 program year for all non-canola advances.

This is a positive step that will provide fruit and vegetable growers with greater access to cash flow at the start of the growing season, when expenses are high and financial flexibility matters most. FVGC has consistently advocated for improvements to Business Risk Management programming, including a higher interest-free limit under the Advance Payments Program. Most recently, FVGC raised this issue directly with Minister MacDonald during the roundtable discussion with the FVGC Board and Working Group Chairs in Ottawa this March.

In a sector facing rising costs, production risk, and ongoing uncertainty, this increase is welcome support. At the same time, FVGC continues to encourage the federal government to permanently raise the interest-free limit to at least $350,000 to better reflect the realities of modern fruit and vegetable production and provide growers with the cash flow support they need.

Source : FVGC

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