Public policy role

“The purpose of the corporation [Farm Credit Canada] is to enhance rural Canada by providing specialized and personalized business and financial services and products to farming operations, including family farms, and to those businesses in rural Canada, including small and medium-sized businesses, that are businesses related to farming. The primary focus of the activities of the corporation shall be on farming operations, including family farms.” – Farm Credit Canada Act

FCC’s mandate is to support agriculture and agri-food and our aspiration is to help the industry succeed as a global leader in food security and sustainable food production by driving innovation and being a catalyst for value creation in the ecosystem. In addition to delivering on our core business, we fulfil our mandate by:

• Advancing innovation and opportunities for under-represented groups in Canadian agriculture and agri-food

• Delivering products to make intergenerational transfers easier and help young and new farmers entering the industry

• Partnering with customers and industry to work toward achieving climate and sustainability goals

FCC is evolving and adapting to support our customers’ needs through sustainable financing products and the expansion of our advisory services offerings. We’re sharing new insights through benchmarking and AgExpert, and we’re investing in smart farms to set the industry up for the future. By expanding our venture capital investment, we’re helping more businesses and entrepreneurs develop innovative solutions and technology that improve sustainability and productivity for the industry.

FCC is committed. We continue to dedicate every day to serving the agriculture and agri-food industry. We work, ideate and problem solve alongside our customers in times of prosperity and adversity, continuously providing tailored support, solutions and programs that meet the industry’s evolving needs. For example, we supported customers impacted by adverse weather and those experiencing economic challenges due to rising costs. We also launched a program in October 2023 to support the well-being and longevity of Canadian cattle herds through heifer financing. The program is used to purchase heifers or to support the retention of replacement heifers.

Our digital offerings have been enhanced so customers can manage more transactions remotely. We’re working with customers and partners to develop new and enhanced digital processes that are simple and secure. We’re also simplifying internal processes so we can deliver services to our customers faster and more efficiently.

We continue to work alongside the Government of Canada through Agriculture and Agri-Food Canada to deliver the Government of Canada’s priorities and the diverse needs of the agriculture and agri-food industry.