GFM Network News


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 on Monday announced a stay of default on loans coming due on or before April 30 under the Advance Payments Program (APP), among other measures […] Read more

Beef sector mobilizes against supply disruptions

Keeping border open, meeting demand for beef are top priorities

Teams of livestock and government officials are quickly creating plans and policies to keep the sector functioning during the COVID-19 pandemic, says the executive vice-president of the Canadian Cattlemen’s Association. “Our primary objective obviously is to insure there is stable beef production and trade that can continue under the situation with the COVID-19 pandemic,” Dennis […] Read more



Finance and succession help for younger farmers

Farm Credit Canada is putting on a series of events for younger farmers so they can learn how “to take control of their business journey.” Eight “young farmer summits” for producers under the age of 40 are being held across the country, including two in Alberta. “The future of Canadian agriculture depends on attracting the […] Read more


What keeps you awake at night? A recent survey of farmers found things such as marketing and working capital rank up there with production concerns.

Modern farming produces a bumper crop of worries

More than 1,300 farmers were asked about their top concerns — and it’s a long list

What’s your biggest worry? Weather? Yield? Disease or pests? It’s actually selling what you produce, according to a recent Farm Credit Canada survey. The survey asked 1,363 producers about their major concerns and 67 per cent had marketing on their worry list — topping both production (60 per cent) and financial (53 per cent) risks. […] Read more

Pulse weekly outlook: FCC sees opportunities for exports

MarketsFarm — Farm Credit Canada (FCC) on Tuesday released a report titled Diversifying Canada’s agriculture exports, which included pulses and also looked at some of the pros and cons to diversifying Canada’s wheat, canola and soybeans. “Canada has done extremely well in establishing strong trade relations in a number of key markets thanks to a […] Read more


Farm lender to help financially stressed farmers

Farm Credit Canada (FCC) says it wants to help farm customers “who are facing financial setbacks due to circumstances beyond their control.” Michael Hoffort, the ag lender’s president and CEO, said FCC “will work with our customers to find solutions to any short-term financial pressure that might be weighing them down.” Many producers were unable […] Read more

Big support seen for 2019 food bank campaign

Enough food was donated during Farm Credit Canada’s Drive Away Hunger campaign to provide more than 16 million meals for rural food banks. During the campaign, held in October and now in its 16th year, FCC teams drive tractors through various communities to collect food and donations. “The annual food drive goes a long way […] Read more



Liberals pledge revamp of federal farm lender

The federal Liberals’ platform heading into the Oct. 21 election calls for an “expanded and enhanced” role for Farm Credit Canada in supporting the country’s agriculture and agrifood sectors. Platform documents released Sunday last week (Sept. 29) call for the merger of several existing federal financial and advisory services — which the Liberals said are […] Read more