New flexible terms aim to ease the next wave of generational farm transitions
With more than $50 billion in Canadian farm assets projected to change hands over the next decade, Farm Credit Canada (FCC) has updated its Transition Loan to better support farm and agribusiness ownership transfers — including those critical to the future of pork production in Canada.
Designed to address the financial complexity of succession planning, the enhanced loan product features flexible 10-year payout options for sellers and no-down-payment terms for buyers, making it easier for both sides of a transaction to move forward.
“Transferring the family farm or business can be a stressful thing to manage,” said The Honourable Heath MacDonald, Minister of Agriculture and Agri-Food. “The support of the FCC Transition Loan helps address financial barriers and creates opportunities for the next generation of producers.”
🔁 How It Helps Swine Producers
Whether it’s a sow barn transfer, expansion of finishing units, or transitioning to the next generation, succession in the swine industry is often both emotionally and financially complex. FCC’s revamped Transition Loan provides critical tools for producers navigating this process.
For sellers:
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Guaranteed payment backed by FCC
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Disbursement flexibility for up to 10 years
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A meaningful way to support young or next-generation producers
For buyers:
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No upfront capital required
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Cash flow-friendly terms with options to accelerate equity
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Includes FCC’s AgExpert software to manage records and planning
“We’ve had the opportunity to grow and build our family farm for our kids — and hopefully generations to come,” said Aaron and Amber Hoffus, grain and livestock producers in Saskatchewan. “This loan has been a game changer.”
🧮 Planning Tools and Support
Buyers can explore options using FCC’s Transition Loan calculator and access FCC’s Advisory Services to help navigate succession planning and asset transfers — a growing need as many Canadian pork producers approach retirement age.
The loan is available for transitions within or outside the family and applies to farms, agribusinesses, and food companies alike.
To learn more or explore the FCC Transition Loan, visit www.fcc.ca/transitionloan.
