Prime Minister Mark Carney has announced a series of new, strategic measures to help sectors most impacted by tariff and trade disruptions, including Canada’s canola sector.

Canola growers can expect expanded financial support with plans to temporarily increase the Advance Payments Program interest-free limit to $500,000 for canola advances. The government says this temporary expansion will give producers greater flexibility to manage risk and cash flow.

Another $370 million has been earmarked for biofuel production incentives over the next two years,  designed to keep Canadian biodiesel and renewable diesel producers competitive as U.S. subsidies reshape the market.