Skip to main content
ACC welcomes $250,000 interest free limit for 2026 APP for all non-canola advances
Apr 1, 2026
OTTAWA (Ontario) – Agricultural Credit Corporation (ACC) welcomes the Government of Canada’s decision to set the 2026 interest‑free portion of the Advance Payments Program (APP) at $250,000 for all non-canola advances, helping producers manage input costs and preserve marketing flexibility for the coming production year.
Under the APP, eligible producers can access up to $1 million in advances against the value of their commodities, with the government paying the interest on the first portion of the loan.
“Setting the interest‑free limit at $250,000 gives producers meaningful room to buy seed, fertilizer, fuel and feed when they need it, then sell when markets make sense,” said Jaye Atkins, Chief Executive Officer of ACC. “Our team is ready to help producers apply quickly and make the most of the program this year.”
For 2026, advances continue to be calculated on up to 50% of the anticipated market value of eligible products. Most commodities have up to 18 months to repay, or until the crop is sold, whichever comes first. Cattle and bison have up to 24 months.
ACC encourages producers to submit or renew their applications now to ensure timely access to funds. Returning clients can take advantage of a streamlined process, and first‑time applicants will receive hands‑on guidance from ACC’s team.
A canola exception remains in place for 2026.
As previously announced, canola advances carry a $500,000 interest‑free limit for program years 2025 and 2026. Producers with canola advances between $250,000 and $500,000 benefit from the government covering interest on that additional amount under this temporary measure.
Founded in 1992 by a coalition of farm organizations, Agricultural Credit Corporation (ACC) is a not-for-profit farm organization comprised of 22 producer associations and marketing boards. With a track record of providing over 12 billion dollars in operating funds to Canadian producers, ACC offers low-cost operating loans tailored to meet the diverse needs of farmers across Canada. Led by a Board of Directors composed predominately of farmers, ACC's expertise encompasses loan provision, credit review, loan management, government compliance, and efficient repayment collection, ensuring steadfast support for the agricultural community.
Associated Links:
Press Contact:
SCOTT CLARK – VICE PRESIDENT, MARKETING & COMMUNICATIONS
1-888-278-8807 ext 304
sclark@agcreditcorp.ca
www.agcreditcorp.ca
ELLYSE MCGARR – ADMINISTRATIVE & MARKETING COORDINATOR
1-888-278-8807 ext 346
emcgarr@agcreditcorp.ca
www.agcreditcorp.ca
