FCC confident amid rising farm debt

The picture of farm debt on the ground matches the bigger industry picture and it says Canadian farmers are generally in good financial shape. A new report by Farm Credit Canada suggests producers are doing well despite a softening of all the key financial ratios in 2015. Record farm income and solid asset appreciation have […] Read more

Rein in crown lender: report

C.D. Howe Institute thinks it is time that Farm Credit Canada
again became the lender of last resort

The business-oriented C.D. Howe Institute has stirred up a fierce debate by arguing that Farm Credit Canada provides unfair competition for private lenders and should be reined in. The Toronto-based think-tank issued a report early this month arguing that the crown corporation has an unfair advantage over commercial competitors and should have a mandate review […] Read more

Lending agency has record profits

Strong market returns in a number of farm sectors last year helped the federal agricultural lender Farm Credit Canada to boost business and to post record profits. The Regina-based federal crown corporation reported last week that it recorded net income of $565 million in the fiscal year ended March 31, a 23 percent increase over […] Read more