Page 30 - mars 16.16
P. 30
Q Agriculture
Young Farmer Loan
FCC ADDING $500 MILLION
Farm Credit Canada (FCC) is adding $500 ing rates at prime plus 0.5 percent, a special
million to its ongoing commitment to a loan fixed rate if producers choose that avenue of
program aimed at helping young farmers repayment and no loan processing fees.
become established in the industry.
Enabling young producers to borrow with
Launched in March 2012, FCC’s commit- no fees at affordable interest rates helps
ment to the Young Farmer Loan has grown to them develop a solid credit history and build
$2 billion over four years, with almost 6,000 their business.
loans worth more than $1.3 billion approved,
as of Dec. 31, 2015. “The long-term success of Canadian agri-
culture relies heavily on our ability to attract
“FCC is proud to support the next genera- and retain young, innovative people to the
tion of farmers through every stage of their business of agriculture,†said Lawrence
career,†FCC President and CEO Michael MacAulay, minister of Agriculture and Agri-
Hoffort said. “Products like the Young Farmer Food Canada. “By helping the next generation
Loan can make a real difference for producers become established in this vital industry, FCC
looking to enter the industry or grow their is fulfilling an important part of its mandate
business.†and a key commitment of this government.â€
The Young Farmer Loan provides qualified For more information on the FCC Young CLASSIFIED ADS Special Price
producers, under age 40, with loans of up to Farmer Loan, visit www.fcc.ca/youngfarmer-
$500,000 to purchase or improve farmland loan or producers can call the local FCC office 450.371.8051 • 1.877.371.8051 7$ 75
and buildings. The loan includes variable lend- at 1-800-387-3232. n French
Fax: 450.371.4237 • journal@media-sudouest.com Taxes incluses
Annual Meeting Pour 15 mots ou moins.
Le SuroîtJOURNAL
The Athelstan Cemetery Company will be holding their annual meeting on March 30th at $975French and English
For 15 words or less
8 pm. The meeting will take place at the home of James Ross, located at 118 First Taxes included
20¢ additional word
Concession Road, Hinchinbrooke.
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Page 30 - The Southwest News I March 17, 2016
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