An Act to increase the availability of agricultural loans and to repeal the Farm Improvement Loans Act
This bill was last introduced in the 40th Parliament, 2nd Session, which ended in December 2009.
This bill was last introduced in the 40th Parliament, 2nd Session, which ended in December 2009.
Gerry Ritz Conservative
This bill has received Royal Assent and is now law.
This is from the published bill.
This enactment amends the Farm Improvement and Marketing Cooperatives Loans Act to provide financial support for farmers, including beginning farmers, and farm products marketing cooperatives, as well as to allow for intergenerational farm transfers through a loan guarantee program. It also allows for the adjustment, by regulation, of amounts and percentages set out in the Act. Finally, it repeals the Farm Improvement Loans Act.
All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.
Agriculture and Agri-Food Committee, on May 26, 2009