Language selection

Search

Evaluation of the Programs under the Agricultural Marketing Programs Act (2014–19) - Summary

About the evaluation

What we found

The Advance Payments program

Relevance

Design and delivery

Performance

Recommendations

R1: The Assistant Deputy Minister, Programs Branch, should assess whether comparable interest rates across APP administrators could be achieved.

R2: The Assistant Deputy Minister, Programs Branch, should address inconsistencies in the APP third party delivery model to maximize producer benefits.

R3: The Assistant Deputy Minister, Programs Branch, should revisit the Program Risk Management Framework to reduce APP liabilities.

Management response

Management has agreed to, and already taken action to, address aspects of the recommendations. Specifically, the Financial Guarantee Programs Division recently implemented a new annual procedure to conduct interest rate analysis for every Advance Guarantee Agreement (AGA) for APP to ensure that competitive interest rates are being offered. Additionally, financial oversight has been strengthened by requiring large administrators to be transparent and publicly disclose APP financials to ensure APP benefits are focused towards producers. Improvements to the Risk Management Framework are ongoing. All management actions will be completed by December 2020.

Report a problem on this page
Please select all that apply:

Date modified: