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HomeStratford NewsOttawa releasing $5-billion in additional lending capacity to farmers

Ottawa releasing $5-billion in additional lending capacity to farmers

Prime Minister Justin Trudeau says his government is providing the support farmers need to keep food growing and keep it on our tables.

It comes as Ottawa is set to release $5-billion in additional lending capacity to farmers and farm businesses through Farm Credit Canada.

The funding follows last week’s announcement of $82-billion in various spending measures to help deal with the COVID-19 pandemic.

FCC says the additional lending capacity will be used for priorities including ensuring cash flow for getting crops planted.

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