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Government of Canada, Agriculture and Agri-Food Canada
Financial counselling and mediation for farmers in financial difficulty.
Helps farmers facing financial difficulties by providing free mediation services with creditors. A neutral third party assists in finding a solution that works for everyone.
Free financial counselling and mediation services for farmers facing financial difficulties and unable to meet their obligations. The service facilitates a private, confidential, and voluntary process between farmers and creditors to reach mutually acceptable solutions. Options include a temporary halt on legal actions (stay of proceedings) or mediation without it.
Business Size: small, medium
Industries: agriculture
Region: Canada
Other Criteria: Farm for commercial purposes (producing agricultural products for sale and not solely for personal use), Meet the Farm Debt Mediation Act (FDMA) definition of farming (includes field-grown crops, livestock, poultry, fur-bearing animals, eggs, milk, honey, maple syrup, tobacco, fibre, wood from woodlots, fodder crops, or any other prescribed thing or animal), Be insolvent, demonstrated by having stopped payments, inability to make timely payments, or property value insufficient to cover debts
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This program is available to small, medium businesses in agriculture industries located in Canada.
This program offers funding up to $1,000 (minimum $1,000).
Check the official program website for current deadlines.
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