Company Directory - Farm Credit Canada
Company Details - Farm Credit Canada
Farm Credit Canada
WebsiteFarm Credit Canada (FCC) is a federal crown corporation that provides financing and insurance services to the agriculture and agri-food sector across Canada. Its mission is to support rural prosperity and enhance the growth and sustainability of the agricultural industry.
CCI Score
CCI Score: Farm Credit Canada
5.89
Latest Event
FCC Highlighted for Strategic Public Investment Potential
An opinion article in National Observer emphasizes the role of Crown corporations, including Farm Credit Canada, as key players capable of deploying billions in strategic investments. The piece calls for leveraging such public institutions to counteract economic policies associated with Donald Trump's attacks, thus advancing a progressive agenda through enhanced public infrastructure and economic autonomy.
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OBJECTOR
Farm Credit Canada is currently rated as an Objector.
Latest Events
- APR022025
An opinion article in National Observer emphasizes the role of Crown corporations, including Farm Credit Canada, as key players capable of deploying billions in strategic investments. The piece calls for leveraging such public institutions to counteract economic policies associated with Donald Trump's attacks, thus advancing a progressive agenda through enhanced public infrastructure and economic autonomy.
- DEC312024
Data from OpenSecrets shows that the Farm Credit Council, associated with Farm Credit Canada, spent $420,000 on lobbying activities in 2024. The expenditure highlights the corporation's active engagement in shaping agricultural policy through political lobbying.
-50
Political Contributions and Lobbying Efforts
April 2
The reported $420,000 lobbying expenditure by the Farm Credit Council, linked with Farm Credit Canada, reflects significant corporate political activity. From an anti-fascist perspective, such financial influence in politics raises concerns about undue corporate sway over policy, potentially marginalizing grassroots interests and reinforcing power structures that can favor authoritarian tendencies.
- DEC312023
An OpenSecrets profile revealed that the Farm Credit Council, which is associated with Farm Credit Canada, spent $270,000 on lobbying in 2023. This expenditure reflects an active engagement in the political process, potentially influencing policy decisions in favor of corporate and agricultural interests.
-40
Political Contributions and Lobbying Efforts
April 2
The disclosed lobbying expenditure of $270,000 suggests a significant attempt by the Farm Credit Council to influence public policy. From a progressive, anti-fascist perspective, such corporate political engagement can undermine democratic accountability by promoting interests that may stifle reforms and protect entrenched power structures.
- OCT072023
Farm Credit Canada will now incorporate assessments of the personal integrity of loan applicants as mandated by the federal government. Announced by Agriculture Minister Gerry Ritz and International Trade Minister Michael Fortier, this move requires FCC, along with four other Crown corporations, to review policies to ensure that financing supports responsible individuals, reflecting a heightened commitment to ethical lending practices.
+20
Public and Political Behavior
April 2
The policy directive to assess personal integrity in loan applicants represents a form of public and political accountability. By aligning lending decisions with ethical standards as mandated by government officials, FCC demonstrates an increased transparency and responsibility in its operations, supporting the broader goal of upholding democratic accountability in public institutions.
+15
Business Practices and Ethical Responsibility
April 2
By reviewing the 'personal integrity' of candidates seeking loans, FCC is enhancing its ethical responsibility and business practices. This move is designed to prevent potential misuse of funds and reinforces a commitment to transparency in financial decision-making within the agricultural sector.
- OCT012023
Farm Credit Canada (FCC) has introduced a new act aimed at preventing forced labour and child labour from being used at any stage of the production of goods within its supply chains. This move underscores the company's commitment to ethical sourcing and human rights in the agriculture and agri-food sector.
+80
Supply Chain Ethics
April 2
FCC’s introduction of the Forced Labour and Child Labour in Supply Chains Act demonstrates a proactive approach in ensuring that its sourcing practices are free from exploitation. By taking steps to mitigate forced and child labour risks, the company is aligning its business practices with ethical standards and supporting labor rights, a stance that is strongly aligned with anti-authoritarian and progressive values.
Fighting Against Forced Labour and Child Labour in Supply Chains Act | FCC
- SEP182008
In response to a government edict following a controversial loan to former Liberal cabinet minister Alfonso Gagliano, FCC stated it will review its lending policies to incorporate an assessment of personal integrity. The directive, issued by federal Agriculture Minister Gerry Ritz on September 6, 2008, aims to ensure that financial support is granted only to applicants who demonstrate the requisite character and trustworthiness, thereby safeguarding the corporation's reputation and preventing politically motivated lending practices.
+30
Public and Political Behavior
April 2
FCC's proactive commitment to follow the government edict by including personal integrity in its lending decisions demonstrates transparency and accountability. This approach helps to mitigate risks of cronyism and political favoritism, aligning the corporation's public conduct with democratic principles.
FCC loan triggers edict to watch for integrity | The Western Producer
+25
Business Practices and Ethical Responsibility
April 2
By integrating a review of personal integrity into its lending policies, FCC is enhancing its business practices to ensure ethical and responsible lending. This move serves to safeguard its operations against the risks associated with politically influenced decision-making and reinforces its commitment to ethical financial services.
FCC loan triggers edict to watch for integrity | The Western Producer
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