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.

Sponsor

Gerry Ritz  Conservative

Status

This bill has received Royal Assent and is now law.

Summary

This is from the published bill. The Library of Parliament often publishes better independent summaries.

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.

Elsewhere

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

  • Greg Meredith, Assistant Deputy Minister, Farm Financial Programs Branch, Department of Agriculture and Agri-Food
  • Jody Aylard, Director General, Finance and Renewal Programs Directorate, Department of Agriculture and Agri-Food
  • Richard Doyle, Executive Director, Dairy Farmers of Canada
  • Brian Gilroy, Chair, Ontario Apple Growers
  • Jurgen Preugschas, Chair, Canadian Pork Council
  • Mark Davies, Chair, Turkey Farmers of Canada
  • Stephen Moffett, Director, Canadian Pork Council
  • Phil Boyd, Executive Director, Turkey Farmers of Canada