FCC Reports Strong Financial Performance Last Year

Farm Credit Canada (FCC) reported strong financial performance last year.“In a year filled with so much uncertainty, FCC was able to serve the agriculture and food industry as it stepped up to overcome many challenges,” said FCC president and CEO Michael Hoffort, in releasing the federal Crown corporation’s annual report.In 2020-21, FCC grew its portfolio by 7.6 per cent to $41.5 billion. The portfolio included payment schedule adjustments to 14.8 per cent of the total value of