It is mostly in regard to debt restructuring. Most banks are willing to negotiate, and we're talking negotiating down. That doesn't seem to be an option at this time with Farm Credit.
On March 26th, 2009. See this statement in context.
On March 26th, 2009. See this statement in context.
Past Chair, Prince Edward Island Cattle Producers
It is mostly in regard to debt restructuring. Most banks are willing to negotiate, and we're talking negotiating down. That doesn't seem to be an option at this time with Farm Credit.
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