Farm Credit Canada’s (FCC) Sustainability Incentive Program is open to applicants in partnership with the Canadian Roundtable for Sustainable Beef (CRSB) and McCain Foods.
The program pays out incentive payments calculated on a portion of a customer’s lending with FCC if they are also participating in specific certification programs, including the CRSB certification initiative and McCain Foods potato growers’ framework.
Farmers and ranchers who applied to the program in 2022, and new eligible applicants are now able to apply for this year’s incentive payments, FCC says.
The CRSB works with third-party certification bodies (Verified Beef Production Plus, Where Food Comes From and Ontario Corn Fed Beef Quality Assurance Program) to provide audited certification to its Sustainable Beef Production Standard at the cow-calf, background and feedlot level.
McCain Foods provides a matching incentive payment of the FCC incentive to eligible producers, as part of its plan to encourage producers to join its program. McCain Foods has a goal to implement sustainable agricultural practices across 100 per cent of its potato acreage worldwide by 2030.
“FCC is happy to be reopening applications for our sustainability programs. We are in a unique position to work with individual sectors in the agriculture and food industry on their sustainability goals,” says Curtis Grainger, FCC’s director of sustainability programs. “The progress we’re seeing looks different depending on the sector and on an individual’s operation. That’s why the established, verified initiatives at CRSB and McCain Foods are important partnerships that allow us to support producers with their individual needs.”
Complete details are available at fcc.ca.