Enhanced FCC Transition Loan terms aim to better support ag and food entrepreneurs

Jun 25, 2025

Agriculture and agri-food business owners transferring farm or business assets to new owners now have a new option to consider, given recent changes to Farm Credit Canada's (FCC) Transition Loan. The loan's new terms come at a very important time. Canada's agriculture and food system is sitting on more than $50 billion in farm assets expected to be transferred in the next 10 years.

"Transferring the family farm or business can be a stressful thing to manage, but the support of the FCC Transition Loan can help address the financial barriers folks experience," said The Honourable Heath MacDonald, federal minister of agriculture and agri-food. "It also creates opportunities for people looking to start or expand their operations, making it a real investment in the future of our agricultural sector."

The enhanced FCC Transition Loan is specifically designed to facilitate the transfer of assets, making it easier for both buyers and sellers. The new terms allow disbursements to the seller over a period that extends to 10 years. The loan is available for farms, agribusiness or food businesses going through changes in ownership, be it within or outside the family.

Click here to see more...

Video: California Farm Bureau 2025 Farm Dog of the Year Contest Winner - Willy - CAFB 107th Annual Meeting

Meet Willy: California Farm Bureau’s 2025 Farm Dog of the Year!

We’re excited to introduce Willy, a miniature long-haired dachshund with a big heart and even bigger courage, and the Grand Prize winner of this year’s Farm Dog of the Year Contest!

Willy may be small, but he’s become an indispensable partner on owner Marshal Hagedorn’s forestry and cattle operations in Shasta, Tehama, and Siskiyou counties. Adopted in 2023, he quickly found his place on the ranch, helping manage critters, tagging along for long days in the woods, and offering unwavering companionship during demanding logging work.

Willy has even taken naturally to moving cattle, surprising calves (and more than a few full-grown cows!) with his burst of energy from the tall grass. As Marshal put it: “He goes with me everywhere every single day.”

Congratulations to Willy and his family, a perfect example of how every good farm dog, no matter the size, helps keep California agriculture running strong.