Farm Credit Canada

09/15/2020 | Press release | Distributed by Public on 09/15/2020 09:51

FCC supports Maritimes and Quebec customers impacted by dry conditions

'Agriculture and food is the only industry we serve, so we have been monitoring this situation closely and understand the challenges that come with the business,' said Michael Hoffort, FCC president and CEO, in announcing the customer support program.

'We stand by our customers over the long term, helping them pursue opportunities and overcome challenges, and this year's dry conditions in parts of the Maritimes and eastern Quebec have certainly been difficult for many farmers and agricultural business owners,' Hoffort said. 'As a leader in financing to Canadian farmers, we have a unique responsibility to step up and help.'

FCC will work with customers to come up with solutions for their operations to reduce the financial pressure caused by excessive dry conditions.

Although FCC customer support is being offered in specific locations, Canada's leading agriculture lender offers flexibility to all customers through challenging business cycles and unpredictable circumstances on a case-by-case basis.

Customers in the Maritime provinces and eastern Quebec are encouraged to contact their FCC relationship manager or the FCC Customer Service Centre at 1-888-332-3301 to discuss their individual situation and options.

FCC is Canada's leading agriculture and food lender, with a healthy loan portfolio of more than $38 billion. Our employees are dedicated to the future of Canadian agriculture and food. We provide flexible, competitively priced financing, management software, information and knowledge specifically designed for the agriculture and food industries. As a self-sustaining Crown corporation, we provide an appropriate return to our shareholder, and reinvest our profits back into the industries and communities we serve. For more information, visit fcc.ca.