A $240 million increase to the Feeder Cattle Loan Guarantee program will help strengthen Ontario’s beef sector. The increase doubles the loan program’s scope to $500 million in low-interest finance […] Read more
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Tag Archives loans
Ontario beefing up support for cattle producers
Saskatchewan’s livestock vet loan plan expanded to bigger centres
Urban vet clinics' work with rural producers noted
Saskatchewan’s program to forgive provincial student loans for veterinarians and vet techs serving livestock producers at rural clinics will now also cover those doing the same work out of bigger […] Read more
More farmers expected to benefit from new CEBA eligibility expansion
Businesses operating via personal accounts to now be eligible
The latest tweak to the Canada Emergency Business Account (CEBA) pandemic aid program is expected to allow farmers who run their business via personal bank accounts to seek CEBA loans. […] Read more
FCC loan program for women proves popular
Investment in the program will now be twice what was originally planned
Glacier FarmMedia – A federal loan program for women offered through Farm Credit Canada is so popular that it will spend double the amount originally budgeted. Why it matters: Diversity […] Read more
CEBA expanded to farms, other ‘owner-operated’ businesses
Program offers zero-interest, partly-forgivable loans
Farms and other “owner-operated” businesses with little or no payroll may soon be able to get in on a federal program offering zero-interest loans to businesses up against pandemic-related drops […] Read more
Quebec ag lender offers break on loan payments
Crop insurance enrolment deadline also postponed
Quebec’s provincial farm lending agency is set to offer a six-month moratorium on loan repayments to any customers who ask for one, against what it describes as a “crisis” for […] Read more
Cash advance repayment deadlines extended
FCC gets added capital to boost lending capacity
Canadian farmers who have repayment deadlines coming up on their cash advances between now and the end of April will get extra time to repay those loans. The federal government […] Read more
How a major U.S. farm lender left a trail of defaults, lawsuits
Harrod, Ohio | Reuters — After completing a credit review in a half-hour phone call, a BMO Harris Bank underwriter cleared US$12 million in loans for Ohio corn and soybean […] Read more
FCC to offer flexibility in hurricane-battered areas
Farm Credit Canada says it plans to help its farmer clients in Atlantic Canada work around financial pressures following Hurricane Dorian’s passage through the region over the weekend. “We won’t […] Read more
USDA to reopen all farm agency offices
Washington | Reuters — The U.S. Department of Agriculture said Tuesday it will reopen all Farm Service Agency offices on Thursday to offer services to farmers and ranchers during the […] Read more
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