Farm Credit Canada (FCC) has announced a supportive initiative for customers in the wild blueberry industry across the Atlantic provinces and Quebec.
This move comes as a response to the financial hardships faced by blueberry producers and processors due to excessive moisture, pollination issues, and poor-quality harvest during the 2023 growing season.
Louis Turcotte, FCC's senior vice-president of Quebec and Atlantic operations, has acknowledged the unique challenges encountered by wild blueberry harvesters in these regions. Recognizing that each producer's situation is distinct, FCC invites customers to engage in discussions to devise tailored plans that align with their operational needs.
This initiative underscores FCC's commitment to understanding and addressing the specific challenges within the agricultural community.
FCC's support program is designed to provide much-needed relief to producers and processors, allowing them to meet their loan interest payments while they navigate through these financial setbacks. The organization's approach reflects a deep understanding of the agricultural business cycles and the unforeseeable circumstances that can impact them.
Additionally, FCC extends its flexible support to all its customers, offering personalized solutions based on individual situations. This flexibility underlines FCC's role as a stable and understanding partner in the agriculture industry.
FCC encourages wild blueberry customers in the affected regions to contact their relationship manager or the FCC Customer Service Centre to discuss their individual circumstances and explore available options.
As Canada's foremost agriculture and food lender, FCC is dedicated to supporting the industry that feeds the nation and the world. With a team committed to the success of Canadian food producers and processors, FCC offers a range of services, including flexible financing, business management software, and vital industry knowledge.
As a Crown corporation, FCC reinvests its profits back into the industry and communities, ensuring a stable and supportive presence for those it serves. This latest initiative is a clear example of FCC's dedication to fostering the long-term success of the Canadian agricultural sector.