Robust Start to 2025 Cash Advance Program at CCGA

FOR IMMEDIATE RELEASE

Robust Start to 2025 Cash Advance Program at CCGA

April 1, 2025 – Today, Canadian Canola Growers Association (CCGA) issued the first cash advances under the 2025 Advance Payments Program (APP), providing over $310 million in working capital financing to more than 1,750 farmers across Western Canada.

“We’ve seen a substantial increase in spring applications compared to the same time in previous years,” says Dave Gallant, Vice-President, Finance & APP Operations at CCGA. “The need for spring cash flow to get the growing season started is top of mind with Western Canadian farmers this year.”

CCGA began accepting 2025 applications under the early application window in mid-February and will continue processing applications throughout the program year.

Every year, over 10,000 farmers in Western Canada benefit from the flexibility and cost savings of a cash advance from CCGA.

“The combination of no-interest and low-interest financing can result in significant cost savings,” says Gallant.

For 2025, farmers can apply for up to $1 million in financing, with the first $250,000 interest-free and the remaining at CCGA’s interest-bearing rate of prime less 0.25%.

First-time applicants are encouraged to apply through CCGA’s contact center by calling 1.866.745.2256. “Our team is ready to walk new applicants through every step of the process,” says Gallant.

Returning customers can also use the self-serve options available in their online account at ccga.ca.

The Advance Payments Program is a federal loan program administered by CCGA. It offers Canadian farmers marketing flexibility through interest-free and low interest cash advances.

Canadian Canola Growers Association represents canola farmers on national and international issues, policies and programs that impact farm profitability and has been an administrator of the Government of Canada’s Advance Payments Program since 1984. For more information, visit ccga.ca or follow CCGA on X @ccga_ca or LinkedIn.

Media Contact:
Kelly Green, Vice-President, Communications
t: 204.789.8821
e: communications@ccga.ca