In June of this year, Michael Hoffort will end his 34-year career with Farm Credit Canada (FCC), having spent the last eight years as president and chief executive officer. Hoffort joined FCC in the late ’80s, a decade that was known to be particularly difficult for the farming sector, marked by sky-high interest rates, poor… Read More
Tag: Michael Hoffort
First off, to all of our Canadian listeners — happy Canada’s Agriculture Day! We’ve got a great lineup for you on this Tuesday-that-feels-like-a-Monday on RealAg Radio. You’ll hear: Michael Hoffort of Farm Credit Canada, on looking back on his career and the current state of ag lending and finance; Tom Harrison of the Saskatchewan Stock… Read More
We’ve got a great lineup for you on today’s episode of RealAg Radio! You’ll hear: Today’s top ag news stories with host Shaun Haney; Michael Hoffort, CEO of Farm Credit Canada (FCC), regarding yesterday’s announcement on the FCC loan portfolio, and a breakdown on what that program looks like; Al Mussel, research lead with Agri-Food… Read More
Prime Minister Justin Trudeau has announced additional support for farmers and farm businesses, following last week’s announcement of $82 billion in various spending measures in response to the COVID-19 outbreak. Parliament will reconvene March 24, 2020, to pass emergency legislation for these previously announced measures, and to release $5 billion in additional lending capacity through Farm… Read More
After a year of incredible adversity in Canadian agriculture, lenders such as Farm Credit Canada are especially alert to the needs of their clients. “We’re monitoring the financial situation,” says Michael Hoffort, president and CEO of FCC. In an interview with RealAg Radio host Shaun Haney, Hoffort says that where it’s challenging, FCC and other… Read More
It’s a day for celebration when farmers, industry, policy makers, and more all descend on downtown Ottawa for Canada’s Ag Day! On today’s show, brought to you by Farm Credit Canada, you’ll hear from: David Coletto, marketing research lead with Abacus Data, talks about maddening Millennials; Michael Hoffort, president and CEO of Farm Credit Canada,… Read More