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Agriculture committee  The position that FCC takes is that until the law has changed and we have a clear path forward with regard to what the customers are experiencing, we work with the status quo. We are cognizant of potential changes that are on the horizon, but at this point in time, until those ch

April 9th, 2024Committee meeting

Don Anderson

Agriculture committee  The customers in question are well versed about their situation, so FCC does not feel that it is our position to provide that counsel to these customers.

April 9th, 2024Committee meeting

Don Anderson

Agriculture committee  Within our portfolio, we do not track what the sales channels are for our customers, so there's no way that we can break it down to that level.

April 9th, 2024Committee meeting

Don Anderson

Agriculture committee  I can't provide certainty on that. What I can share is that within our entire portfolio, as I stated earlier, is that $198.9 million that FCC finances is outstanding within the entire equine industry.

April 9th, 2024Committee meeting

Don Anderson

Agriculture committee  FCC is not involved in policy development. We interpret policy and we work within policy. We feel that is our role within the industry.

April 9th, 2024Committee meeting

Don Anderson

Agriculture committee  Absolutely. We are focused on growing the impact of the indigenous community, not just in agriculture but for the full spectrum of the industry and not specifically in the equine area.

April 9th, 2024Committee meeting

Don Anderson

Agriculture committee  I'm not sure how to respond. At the end of the day, we're supporting indigenous agriculture across the country and we'll continue to do that. It's a focused area as we go forward. I can't specifically say how much of the play would be to the equine industry within that.

April 9th, 2024Committee meeting

Don Anderson

Agriculture committee  This would not have material impact on FCC's overall portfolio.

April 9th, 2024Committee meeting

Don Anderson

Agriculture committee  It's part of financing. We look at any customers who are impacted by aspects outside of their control. FCC proactively works with those customers to find the best resolution to their situation. We'll offer up any means possible, including payment relief, deferrals, counselling,

April 9th, 2024Committee meeting

Don Anderson

Agriculture committee  Ultimately, the customer is responsible for their obligations to FCC, but FCC will work with those customers to find the best optimal resolution for each specific situation.

April 9th, 2024Committee meeting

Don Anderson

Agriculture committee  Within FCC's portfolio, that is the correct amount in the entire equine industry that we finance.

April 9th, 2024Committee meeting

Don Anderson

Agriculture committee  Good afternoon, Mr. Chair and members of the committee. As noted, I am very pleased to join here today. I'm Don Anderson, senior vice-president of credit risk management at Farm Credit Canada. As many of you are aware, FCC is a federal Crown corporation, and we're fully committ

April 9th, 2024Committee meeting

Don Anderson