Spacer
Eastern Ontario
AgriNews - Etcetera Publications (Chesterville) Inc.
 
Reach your target audience in the print edition of the AgriNews
 
 
bullet AgriBusiness    March, 2017    Vol. 41, No. 3 Spacer   advertisement
click to zoom in
 

Or browse archive

Spacer Current Issue: Spacer
  spacer FULL ISSUES (PDF)
  spacer SEE ALL HEADLINES
  spacer WEATHER
  spacer PHOTO GALLERY
  spacer FRONT PAGE
  spacer NEWS
  spacer OP / ED
  spacer AGRIBITS
  spacer AGRIFOCUS
  spacer AGRIPROFILE
  bullet AGRIBUSINESS
  spacer OVFS
  spacer CONTACT US
 
Spacer Community: Spacer
     COUNTY BULLETINS
     BUSINESS DIRECTORY

Tripp-Vogt-Trottier Ltd.
TVT has been delivering solutions and service for all your Bulk Material Handling and Storage Equipment since 1968. With Custom Fabrication, Welding and Millwrighting, we handle all customers needs in Fertilizer, Grain, Seed, Industrial and other sectors See our directory listing for more info.

 
Spacer Interact: Spacer
     E-MAIL THE EDITOR
     KEEP ME POSTED!
     FREE CLASSIFIED ADS
     SEARCH THE ARCHIVES
  New loan available for young agriculture entrepreneurs

By Candice Vetter - AgriNews Staff Writer

  • print this article
  • send this article
  • submit / view links
  • find a typo - win a prize
  • OTTAWA -- Minister of Agriculture and Agri-Food Canada Lawrence MacAulay and Farm Credit Canada (FCC) announced a new loan for young entrepreneurs in the agriculture retail, manufacturing and food processing sectors on Feb. 16, in Ottawa.

    The Young Entrepreneur Loan offers financing of up to $1-million per qualified applicant, under age 40, and can be used for the purchase or improvement of agriculture-related assets or the purchase of shares in an agriculture-related business, including those in the agri-food sector. 

    "The Canadian agriculture and agri-food sector needs more young people to get engaged, because they bring the energy and innovative ways of thinking that grow the sector and keep it on the cutting-edge," said MacAulay, to an audience of high school students and industry professionals at the Canada Agriculture Day celebration in Ottawa.

    "From production to food processing and retail, Canada's agriculture industry needs the ideas, passion and energy of our young people. And as they enter into this dynamic industry, FCC is committed to helping them succeed," said Michael Hoffort, FCC president and CEO. "By providing specialized loans for young farmers and entrepreneurs, we are helping the next generation get established and contribute to Canada achieving its full potential as a leading food supplier worldwide." 

    The Young Entrepreneur Loan has a 25 per cent minimum down payment requirement, custom variable and five-year fixed rates. Similar to the Young Farm Loan, which was introduced in 2012 and enhanced last December, there are no processing fees.

    In 2015-16, FCC approved more than $2.6-billion in financing to farmers and entrepreneurs under age 40. The Young Entrepreneur Loan complements FCC's existing products and services, such as the FCC Transition Loan, FCC Ag Knowledge Exchange events, publications, FCC on Campus and FCC Management Software.

    For more information on the FCC Young Entrepreneur Loan, visit www.fcc.ca/youngentrepreneurloan or call 1-800-387-3232.

    Related Web Sites


     
     


    Return to AGRIBUSINESS headlines, AGRIBUSINESS summaries,

    or go to ...

    FRONT PAGE | NEWS | OP / ED | AGRIBITS | AGRIFOCUS | AGRIPROFILE | AGRIBUSINESS | OVFS | CONTACT US
     

     

     
     
    click to zoom in

    A Well Worked Field is a Thing of Beauty

    Kubota


    Eastern Ontario AgriNews is published on the third Monday of each month. The printed version is distributed free by postal mail to farms in Eastern Ontario, Canada.

    All contents copyright © Etcetera Publications (Chesterville) Inc.
    Site implementation by NewPublishing.com