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Topic: Farm Credit Corporation


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  Farm Credit Canada - Open Encyclopedia   (Site not responding. Last check: 2007-10-20)
Farm Credit Canada (known as Farm Credit Corporation until 2001) or FCC is Canada's largest agricultural term lender and is dedicated exclusively to serving the financial needs of Canadian farmers.
FCC was established in 1959, under the Farm Credit Act.
The FCC is one of Canada's many Crown Corporations; they report to the Parliament of Canada through the Minister of Agriculture.
open-encyclopedia.com /FAC   (324 words)

  
 Farm Credit Corporation
FCC's purpose is to enhance rural Canada by providing specialized and personalized financial services to farming operations, including family farms, and to those businesses in rural Canada, including small and medium-sized businesses related to farming.
FCC is a Crown corporation that reports to Parliament through the Minister of Agriculture.
FCC received a new and expanded mandate with the passage of the Farm Credit Corporation Act on April 2, 1993.
thecanadianencyclopedia.com /index.cfm?PgNm=TCE&Params=A1ARTA0002724   (252 words)

  
 Farm Credit Corporation: Definition and Links by Encyclopedian.com - All about Farm Credit Corporation
The Farm Credit Corporation or FCC is Canada's largest agricultural term lender[?] and is dedicated exclusively to serving the financial needs of Canadian farmers[?].
It was established in 1959, under the Farm Credit Act[?].
The FCC is one of Canada's many Crown Corporations[?]; they report to Parliament through the Minister of Agriculture[?].
www.encyclopedian.com /fa/Farm-Credit-Corporation.html   (309 words)

  
 Farm Credit Canada - Wikipedia, the free encyclopedia
A Canadian Crown corporation that is financially self-sustaining, FCC lends to all sectors of agriculture across Canada.
FCC’s operations are funded primarily through FCC Bond offerings, structured notes, institutional short-term notes, long-term programs and institutional debt.
FCC has a loan portfolio of $11 billion and 12 consecutive years of portfolio growth.
en.wikipedia.org /wiki/Farm_Credit_Corporation   (327 words)

  
 Farm Credit Canada - Careers
FCC's healthy portfolio of more than $10 billion and 11 consecutive years of portfolio growth is a reflection of customer success.
FCC is committed to employment equity and diversity and welcomes applications from designated group members (women, aboriginal peoples, visible minorities and persons with disabilities).
FCC is proud of its diverse workforce comprised of employees who are valued for their individual skills and attributes.
www.fcc-fac.ca /en/AboutUs/Careers/careers_e.asp?main=6&sub1=careers   (255 words)

  
 Farm Credit of Central Florida   (Site not responding. Last check: 2007-10-20)
Farm Credit of Central Florida is governed by a local Board of Directors representing all areas of our territory.
Bellotto served on the AgFirst Farm Credit Bank Board both as Chairman and as a director as well as the Farm Credit Funding Corporation in New York.
Ronald R. Wetherington, is a strawberry and citrus grower and serves on the boards of the Hillsborough County Farm Bureau, Florida Farm Bureau Inc., Florida Farm Bureau Federation, Florida FFA Foundation, and Hillsborough County Law Enforcement Association.
www.farmcreditcfl.com /board.htm   (693 words)

  
 Farm Credit Canada : Mandate
FCC's roots date back to 1927, when the Canadian Farm Loan Board (CFLB) was established to provide long-term mortgage credit to farmers.
Farm Credit Corporation was established in 1959 by the Farm Credit Act as the successor to the Canadian Farm Loan Board when it was created as an agent Crown corporation named in Part I of Schedule III of the Financial Administration Act.
The corporation's mandate is to enhance rural Canada by providing business and financial solutions to farm families and agribusiness.
www.fcc-sca.ca /en/AboutUs/Profile/mandate_e.asp   (244 words)

  
 Commercial and Farm Credit and Develop. Corporation for PR
The Corporation reviews long-lived assets and long-lived assets to be disposed of for possible impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable.
At June 30, 1999, the Corporation is a defendant in various lawsuits challenging the method used to assign lay-offs, in connection with the Corporation’s restructuring plan initiated in 1994.
The Corporation's rental activities are directed for the most part to private enterprises, usually chain stores, small businesses and farmers, craftsmen and the like, with the purpose to initiate and keep in operation all types of agricultural and business activities.
www.presupuesto.gobierno.pr /PresupuestosAnteriores/af2001/estafina/201.htm   (2873 words)

  
 Agriculture Canada / The First Hundred Years   (Site not responding. Last check: 2007-10-20)
The Farm Credit Corporation, established by Act of Parliament in 1959, is designed for the purpose of extending long-term mortgage credit to farmers Five members comprise the Corporation, two of them officers of the Corporation and the other three senior officers of government departments.
Ordinary farm loans may not exceed 75 per cent of the appraised value of the farm lands on the security of which the loan is made.
The field and lending staffs are trained in the principles of farm management that are of primary importance in the financing of farms and the use of credit.
collections.ic.gc.ca /agrican/pubweb/hs10078.htm   (529 words)

  
 Bill C-25:  An Act to amend the Farm Credit Corporation Act (LS-403E)   (Site not responding. Last check: 2007-10-20)
FARM CREDIT CORPORATION ACT AND TO On 5 April 2001, the Honourable Lyle Vanclief, Minister of Agriculture and Agri-Food, tabled Bill C-25, An Act to amend the Farm Credit Corporation Act and to make consequential amendments to other Acts, for first reading in the House of Commons.
Although the Corporation is involved in a very specific market that requires particular expertise, this clarification of the Corporation’s role with respect to lease financing could well annoy a number of financial institutions such as the banks.
The Farm Credit Corporation, which has approximately 45,000 clients, is the only national financial institution whose activities are exclusively focused on the agricultural sector in Canada.
www.parl.gc.ca /common/Bills_ls.asp?lang=E&Parl=37&Ses=1&ls=C25&source=Bills_House_Government   (2570 words)

  
 1990 Report of the Auditor General of Canada - Chapter 3
In particular, the Corporation disagrees with the view that, in the case of some of its loans, the principal outstanding may not be ultimately collectable in full.
There was no supporting documentation accompanying the invoice to indicate that FCC had incurred any of the claimed incremental costs at the time the payment was requested, and there was no evidence to indicate that the Department sufficiently challenged the invoice to verify that the charges were correct.
However, a detailed estimate of costs was provided by FCC at the time the agreement was drawn up and both the Corporation and the Department indicated that a clear understanding exists on what is included in incremental costs.
www.oag-bvg.gc.ca /domino/reports.nsf/html/9003ce.html   (15170 words)

  
 Official Report * 1200 * Number 051 (Official Version)   (Site not responding. Last check: 2007-10-20)
This is a big concern because the original purpose of the Farm Credit Corporation was to ensure that Canada had, as part of its insurance, a viable agriculture sector with the ability to produce food in this country for both domestic consumption and export.
Speaker, under the bill the leading role of the Farm Credit Corporation would be expanded to allow the corporation to lend to businesses that were not necessarily directly involved in primary agriculture production and did not necessarily have farmers as their majority shareholders.
This is the area that the Farm Credit Corporation is moving in.
www.parl.gc.ca /37/1/parlbus/chambus/house/debates/051_2001-04-30/han051_1200-e.htm   (610 words)

  
 TD Canada Trust - Fixed Income - Farm Credit Corporation Medium Term Notes
Farm Credit Corporation (FCC) is a Federal Crown Corporation which reports to Parliament through the Minister of Agriculture and Agri-Food.
FCC is a self-supporting, federal Crown corporation reporting through the Minister of Agriculture and Agri-Food.
FCC Medium Term Notes are available in multiples of $1,000 with a minimum size purchase of $5,000.
www.tdcanadatrust.com /invest/fixedinc/farm_notes.jsp   (291 words)

  
 Farm Credit Canada (FCC)
Farm Credit Canada (FCC) is a federal Crown Corporation, reporting to Parliament through the Minister of Agriculture and Agri-Food.
FCCs mission is to enhance rural Canada by providing business and financial solutions for the agriculture community through offering a range of flexible financing products and business services to support primary producers and value-added agribusinesses beyond the farm gate.
FCCs vision is to put the power of our people's specialized knowledge and innovation to work for farm families as well as agribusiness across Canada.
www.agsci.ubc.ca /careerfair2005/bio/fcc.htm   (561 words)

  
 1991 Report of the Auditor General of Canada - Chapter 2
The corporation, however, was unable to provide the necessary documentation to support the operating overhead portion of the claim.
The credit was 20 percent of the purchase price of the shares, to a maximum of $700 a year.
Where a tax credit or other benefit is targeted at a group or region determined to merit special attention, to delay its application until enactment would almost certainly reduce its effectiveness.
www.oag-bvg.gc.ca /domino/reports.nsf/html/9102ce.html   (18253 words)

  
 Farm Credit Canada Act   (Site not responding. Last check: 2007-10-20)
(2) The Board may delegate to any officer, employee or agent of the Corporation authority to act in all matters that are not by this Act, by by-law of the Corporation or by resolution of the Board specifically reserved to be done by the Board or by a committee of the Board.
No director and no employee of the Corporation or person acting under the instructions of either of them or under the authority of this Act is personally liable for anything done or omitted to be done in good faith in the exercise or purported exercise of any powers conferred by this Act.
(2) The capital of the Corporation consists of the aggregate of the amounts paid to the Corporation pursuant to subsection (1) and the amount of the retained earnings of the Corporation, which latter amount may be positive or negative.
lois.justice.gc.ca /en/F-2.2/57768.html   (1876 words)

  
 USDA, Farm Service Agency - Commodity Credit Corporation Factsheet   (Site not responding. Last check: 2007-10-20)
The Commodity Credit Corporation (CCC) is a Government-owned and operated entity that was created to stabilize, support, and protect farm income and prices.
CCC is managed by a Board of Directors, subject to the general supervision and direction of the Secretary of Agriculture, who is an ex-officio director and chairperson of the Board.
The Board consists of seven members, in addition to the Secretary, who are appointed by the President of the United States by and with the advice and consent of the Senate.
www.fsa.usda.gov /pas/publications/facts/html/ccc99.htm   (2199 words)

  
 Canada-Chile Trade Agreement: Annex I /B
In the case of a holding corporation, not more than one-third of the directors need be resident Canadians if the earnings in Canada of the holding corporation and its subsidiaries are less than five percent of the gross earnings of the holding corporation and its subsidiaries.
Under the Canada Corporations Act, a simple majority of the elected directors of a Special Act corporation must be resident in Canada and citizens of a Commonwealth country.
A "resident" of Canada is an individual who is ordinarily resident in Canada, or a corporation that has its head office in Canada or maintains one or more establishments in Canada to which employees employed in connection with the business of the corporation ordinarily report for work.
www.sice.oas.org /trade/chican_e/Chca19ae.asp   (2206 words)

  
 credit corporation
This is where credit corporation and credit counseling consolidating corp and credit counseling corp appear.
Credit Review Officer - Farm Credit Corporation FCC - SCA Farm Credit Corporation - Societe du credit agricole Farm Credit Corporation is a progressive Crown...
credit corporation discussion and news relating to credit counseling consolidating corp and credit counseling corp can be found above.
www.xboxmodifications.com /credit-corporation.html   (206 words)

  
 Description of Federal Farm Credit Banks Funding Corporation   (Site not responding. Last check: 2007-10-20)
When appropriate to the board’s functions under this section, a committee of the board of directors of the Corporation, or representatives thereof, may act on behalf of the board in connection with the issuance of joint, consolidated, and System-wide obligations.
The existing contractual obligations, security instruments, and title instruments of the predecessor corporation shall, by operation of law and without any further action by the Farm Credit Administration, the predecessor corporation, or any court, become and be converted into obligations, entitlements, and instruments of the Corporation.
The stock of the predecessor corporation issued before January 6, 1988, shall, by operation of law and without any further action by the Farm Credit Administration, the predecessor corporation, or any court, become and be converted into stock of the Corporation established by this section.
attorneylaw.learnwithzac.com /uscodes/description-12-1621.htm   (802 words)

  
 Farm Credit Canada 1 / 10
Established in 1959 under the Farm Credit Act, Farm Credit Canada (formerly Farm Credit Corporation) (FCC) is a federal Crown corporation reporting to Parliament through the Minister of Agriculture and Agri-Food.
On June 14, 2001 Royal Assent was given to amendments to the Farm Credit Corporation Act.
The Farm Credit Canada Act broadened FCC's mandate to provide more financial and business management options for Canadian producers and farm-related businesses.
infosource.gc.ca /inst/fcc/fed01_e.asp   (95 words)

  
 Keep the "farm" in farm credit - news release - February 24, 2000   (Site not responding. Last check: 2007-10-20)
"The changes Farm Credit Corporation is proposing to its mandate would take the 'Farm' right out of it," said Peter Dowling, National Farmers Union Coordinator for Ontario.
Dowling quoted the FCC background paper which suggests the Crown corporation's mandate be expanded to enable it to lend to "all farm-related businesses without the constraint of the agribusiness being owned primarily by farmers".
Instead of trying to become more like a bank, it says FCC must provide an improved service geared specifically to the credit needs of the family farm.
www.nfu.ca /farm_credit.htm   (357 words)

  
 Farm Credit Canada : Corporate Plan Summary
Operating out of 100 offices located primarily in rural areas, the corporation’s dedicated employees are passionate about the business of agriculture.
A federal Crown corporation that is financially self-sustaining, FCC lends to all sectors of agriculture across Canada.
FCC believes that a key success factor for agricultural businesses is the ability to plan proactively for the future.  This corporate plan outlines FCC’s corporate objectives and plan for providing relevant products and solutions tailored to the unique needs of the agriculture industry.  
www.fcc-fac.ca /en/AboutUs/Profile/corporateplan_e.asp   (168 words)

  
 Farm & Country October 21, 1997
Farm Credit Corporation (FCC) wants to know how its customers are treating the environment.
Nevertheless, Richard Fournier, senior FCC environmental officer, insists the current environmental assessment, already underway with about half of FCC's Ontario and Quebec clients, is a public- spirited effort to ensure a clean healthy food supply.
In fact, the first of 11 areas on the assessment form calls for details of anything ever "buried, dumped, stored or disposed of either in or on the land, surface waters or in building(s) on any of the property." Details of livestock operations, pesticides, herbicides, fertilizer and wells are sought.
www.agpub.on.ca /text/oct97/news.htm   (1031 words)

  
 March 19, 2001 - Financial Markets -  National Travel Seminar Class Diary from the Illinois Agricultural ...   (Site not responding. Last check: 2007-10-20)
Farm Credit Funding Corporation’s James A. Brickley, President and CEO and Douglas Williams, the Managing Director of Finance for Federal Farm Credit were the next to share their time and knowledge with us.
The Farm Credit System graciously hosted the IALF class to a delicious buffet lunch in their complex overlooking the Hudson River.
A view of the financial heart of NYC from the offices of the Farm Credit Funding Corporation, located across the Hudson River in New Jersey.
www.agleadership.org /curriculum/travel_diary/2001d/3.19.01.htm   (426 words)

  
 Security Credit Corporation
Dewayne's desire to start a receivable financing business was borne out of his own experiences in agriculture during the farm crisis of the 1980s, and, later, working in the banking industry.
Farming taught him to watch a budget closely, and to be extremely cost-conscious.
Although Security Credit Corporation had no customers when Dewayne officially launched the company in July 1998, he had targeted several key locations and industries.
www.score.org /success_security_credit.html   (603 words)

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