Mr. Speaker, today the Minister of Agriculture announced that as of April 1 our government is improving the advanced payments program. Farmers can now get multi-year loan arrangements, use new security to guarantee the loan and repay it with cash on hand. It is easier for farmers than a co-operative, or for farmers who have incorporated, to access the program. We have removed the monopolies of the program administrators and now they have to compete for farmers' business with lower rates and advances suited to the needs of the farmer.
This is another example of how our government is creating the conditions for economic growth and prosperity in Canada.