Mr. Gilvesy is correct. Certainly from our understanding of what we have here in the U.S., the Canadian Bankers Association has a standing policy from which they would not be prepared to deviate. Research that has been done in the U.S. over time shows—because again, they have a long history on this—that at the time PACA was created, the banks remained silent, which was deemed a positive, and over time, speaking with different groups, overall PACA has had a net positive effect for both growers and packers in the produce industry as well as for bankers financing the sectors.
On May 9th, 2016. See this statement in context.