Farm Credit Canada

Community-based organizations and rural communities across Canada needing to fund a project can apply to Farm Credit Canada’s AgriSpirit Fund. $1.5-million is available for registered charities, non-profit organizations, and First Nation, Metis, & Inuit communities who apply for the fund.  FCC’s Manager of Community Investment Carla Warnyca says eligible projects can get between 10 and […]

A change in consumer spending habits, lower commodity prices, and inflation all factor into Farm Credit Canada’s outlook for Food & Beverage manufacturers.  In their annual Food & Beverage Report, FCC is forecasting a slight drop of 1.4 percent in manufacturing sales this year to $162.6-million. Desmond Sobool, Director of Economics and Deputy Chief Economist […]

Grocery inflation will fall below two per cent by the spring and stay roughly between one and two per cent for the rest of 2024, predicts a new report on the food and beverage industry. Farm Credit Canada, an agricultural lending firm, said it expects food price increases beyond 2024 to stabilize around pre-pandemic levels […]

The application window is wide open for the 5th annual Community Fund, put on by the Do More Agriculture Foundation and Farm Credit Canada. Do More Ag has been accepting applications since January 18 and the deadline is February 15. Executive Director of Do More Ag Megz Reynolds says  the fund offers free mental health supports […]

How to make the agriculture industry more productive was the theme of a report released by Farm Credit Canada. FCC looked at agricultural productivity, which they defined as how much inputs are used compared to how much output is produced. Inputs include labour, capital, land, and material such as fertilizer and feed; outputs include crops, […]

Farm Credit Canada is projecting new farm equipment sales in 2024 to slow down, based on a variety of factors. In FCC’s Canadian Farm Equipment Market Outlook, the conclusion is based on high interest rates, increased equipment prices, a decline in commodity prices, drought in Western Canada, and tighter revenues in the livestock sectors. A […]

Young farmers across Canada looking to sharpen their skills while making connections have an opportunity to attend a series of events hosted by Farm Credit Canada. The FCC Young Farmers Summit, which is free to attend, has a total of 7 events scheduled — 6 in-person and 1 virtual — for late November into mid-February. Jason Fiske, […]

Farm Credit Canada announced they are giving $1.5 million to 86 community groups nationwide to support rural capital projects. Through the FCC’s AgriSpirit Fund, 15 communities in Saskatchewan will receive over $246,000 to various community improvement initiatives that enrich the lives of residents in cities, towns or Indigenous communities with fewer than 150,000 people.  This includes […]

The value of farmland has risen, despite availability for it being limited. That’s according to Farm Credit Canada’s (FCC) mid-year farmland values review, which looked at the average growth for the first 6 months of 2023. Saskatchewan had the largest increase in value at 11.4 percent, followed by Quebec at 10.6 percent, Ontario 6.9 percent, Mantioba 6.4, […]

For the last two decades, Drive Away Hunger has brought the agriculture and food industries together to support food banks and food security programs. As the program hits its 20th year, Farm Credit Canada, which is responsible for the program, announced that it will match up to $1 million in new donations to food security […]