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View Kevin Lamoureux Profile
Lib. (MB)
View Kevin Lamoureux Profile
2019-12-10 20:01 [p.261]
Madam Speaker, I want to talk about the work that we have been doing with the stakeholders. Responding to our discussion at the canola working group, we have enhanced the advance payments program and implemented the stay of default, and we have extended the deadline for AgriStability.
These key changes to our programs are intended to help canola producers deal with the impacts of this disruption in the canola market. Under the changes, we increased the interest-free cash advances available to canola producers from $100,000 to $500,000 for the 2019 program year, and total advances of up to $1 million are now available for canola and all other commodities, up from $400,000. This change is permanent and will be available beyond 2019.
With our provincial partners, we also extended the AgriStability enrolment deadline by two months. Looking ahead, we continue to diversify our trade in global markets to give our growers more markets for canola and to help mitigate risks of—
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