Publication - Business Risk Management Programs as security for the Advance Payments Program

Titre en anglais
Business Risk Management Programs as security for the Advance Payments Program
Numéro de publication
10587E
Année de publication
2008
Adresse URL
Auteur(s)
Organisation
Thème(s)
Type
Publication électronique
Coût
Publication gratuite
Langue
Anglais
Région
Ottawa/Hull (RCN)
État
Disponible sur l'internet
Pages
1-2
ISBN
978-0-662-47791-4
Numéro de catalogue
A118-15/2008E
Sommaire en anglais
When you apply for a cash advance through the Advance Payments Program (APP), you must have a way to ensure
repayment or "security" on the advance. For agricultural products in storage, the product itself will be used as security. For livestock, agricultural products that
have not yet been stored and non-storable agricultural products, Business Risk Management (BRM) programs and the product itself must be used as security. To secure the advance, you must assign your BRM program payments to the producer organization delivering the program (the Administrator). BRM programs include Production Insurance (PI), Canadian Agricultural Income Stabilization (CAIS) program, or any other similar program approved by the Minister.
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