APP

The Advance Payments Program (APP), offered by Agriculture and Agri-Food Canada (AAFC) enables producers to access credit more easily through cash advances at advantageous rates:

  • Up to $100,000 interest-free;
  • Up to $300,000 rate prime;
  • Advances of up to $400,000 may be granted per producer/business.

The PBQ are the Administrator of the program in Quebec for the cattle production.

The purpose of the APP is to contribute to a better commercialization of agricultural products by giving to producers cash advances at a lower cost.

Amount allowed

The total cash advance is based on the number of cattle in inventory, multiplied by the unit rate established by AAFC (see table below), which remain sufficient to cover the balance advance at all times.

The animals must be sent to market according to the requirements of the chosen operation cycle.

Agricultural product

AAFC Rate

Fed cattle + 1,250 lbs*

$947

Fed cattle – 1,250 lbs*

$727

Grain fed-calf*

$461

Milk fed-calf*

$542

Feeder calf + 675 lbs*

$665

Feeder calf – 675 lbs*

$600

Young heifer**

$776

In-calf heifer**

$1,115

Mature bull**

$2,182

Young bull**

$1,845

Mature cow (has calved)

$1,139

* The unit rates established by AAFC are revised on April 1st and are subject to change without notice.

**The unit rates for breeding livestock established by AAFC are revised on May 1st, are subject to change without notice and will prevail on rates indicated above.

To apply for an APP advance for the current year, you can download the forms (see below) and return it to the PBQ duly completed and signed. It is important to read the Check‑list, fill all the forms and join all the necessary documents.

Software to view and use fillable forms

From a computer, you need the software Adobe Reader version 9.1 or higher.

The software can be obtained free from the Adobe Web site at this link: https://get.adobe.com/fr/reader/

Completing fillable forms

Use the keyboard to enter the required data in the highlighted fields and boxes.

If the same information is required in more than one part or copy of a form, enter the information only once and the system will automatically copy the same information wherever it is needed in the current form.

Printing completed or blank forms

The forms should be printed on Legal-size paper (8 ½’’ X 14 ‘’).

If you wish to print on Letter-size paper (8 ½’’ X 11 ‘’) or other, proceed as follows:

  • Click on the print icon  in the Reader toolbar;
  • Click the Properties button in the print dialog box;
  • In the second dialog box that opens, click to select the Paper tab;
  • Make a selection from the Paper size pick list (Letter or other) and click on OK button;
  • Print.

Before downloading the forms, make sure that you have read and understood all of the instructions above

 Download all forms

 

How to calculate you eligible amount

The number of head eligible must be established according to the repayment cycle that you will choose for your advance: continuous or standard (degressive) cycle

  • If you choose the continuous cycle, you must continually have in inventory, until the repayment of your advance, the number of head for which the advance was granted. The advance can be repaid twelve months after being granted;
  • If you choose the standard cycle (degressive), your advance can be granted according to the number of head in inventory at the time the advance is granted. You must then repay the advance as you sell cattle. A payment agreement between the producer and the Administrator will be negociated.

 For more information, see the brochure.

For assistance in the completion of application, contact the APP team at 450 679-0540, ext. 8994.