The Government of Canada released its 2025 federal budget on November 4, outlining several new commitments and program adjustments affecting the agriculture sector, including beef producers. Alberta Beef Producers (ABP) is reviewing the proposed budget and will be monitoring the vote in Parliament on November 17. Here’s a rundown of the key developments: Funding programs Budget 2025 proposes…
Agriculture and Agri-Food Canada has announced that the interest-free limit of the Advance Payments Program has been set at $250,000 for the 2024 program year. This is the portion of advances on which the Government of Canada pays the interest on behalf of producers. Under the program, producers would normally receive the first $100,000 interest-free,…