Farm Credit Canada (FCC) is offering support for customers in Alberta, Manitoba and Saskatchewan facing financial pressure due to flooding, as well as delayed field operations caused by severe weather.
“We stand by our customers over the long term,” said Angy Porteous, senior vice-president, agriculture business financing at FCC. “We have a unique responsibility to partner with our customers and ease their financial stress where possible.”
FCC will consider additional short-term credit options, deferral of principal payments and other solutions designed to reduce financial pressures on producers affected by severe weather. In addition to providing financial flexibility during challenging times, FCC supports investments that help strengthen resilience to weather-related risks, including water management, drainage, flood mitigation and other climate adaptation initiatives.
“Our focus is on helping producers maintain cash flow, continue operating and recover from the impacts of these extreme weather events,” Porteous said.
Customers affected by severe weather events 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 available options.
