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Farm Credit Canada Supplemental Priorities

February 1, 2018

Mr. Dale Johnston
Chair
Farm Credit Canada
1800 Hamilton Street
PO Box 4320
Regina, Saskatchewan S4P 4L3

Dear Mr. Johnston:

I would like to thank you, the Board of Directors, and all of Farm Credit Canada's employees for the great work you are doing to support Canada's agriculture and agri-food sector. As we begin a new year, I would like to take this opportunity to discuss some of the federal government's priorities for the sector.

Canada's agriculture and agri-food sector is a powerful driver of Canada's jobs, economy, and growth of the middle class. The Government is committed to supporting the sector to ensure it remains a leader in job creation and innovation while pursuing a strong trade agenda to increase opportunities for farmers and food processors and to create new jobs across Canada.

The federal government has set an ambitious target to grow Canada's agri-food exports to $75 billion annually by 2025, based on the recommendations from the Advisory Council on Economic Growth led by Mr. Dominic Barton. Budget 2017 clearly outlined a strong commitment to the agriculture and agri-food sector and its importance to the Canadian economy.

Canada's reputation for high-quality, innovative, and sustainable agriculture and agri-food products will give the sector a competitive edge in growing global markets. Farm Credit Canada's business and financial services, training, and resources support the sector in moving towards its export growth target.

Working with the board members recently appointed through the new open, transparent, and merit-based selection process, I ask that Farm Credit Canada deliver, in addition to the priorities detailed in the previous mandate letter from 2016, on the following:

As mentioned in my previous letter, I continue to encourage Farm Credit Canada to work with Agriculture and Agri Food Canada to achieve and report on these additional priorities.

I look forward to further collaboration with you and Farm Credit Canada to continue developing the sector and allowing producers to reap the benefits of our efforts.

Sincerely,

Original signed by
Lawrence MacAulay, PC, MP

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