The Canadian government is rolling out financial support for businesses, including Ontario farms, in response to potential U.S. tariffs. Farm Credit Canada (FCC) will offer $1 billion in new lending under its Trade Disruption Customer Support Program. Eligible farm businesses can access up to $500,000 in additional credit and new term loans. Current FCC borrowers can defer principal payments for up to 12 months. Applicants must be financially stable before the tariff impact. FCC funding is not available as grants or interest-free loans.
Reporting for WGRT – JP bZet