Farm Credit Canada

Farm Credit Canada

January 04, 2005 08:00 ET

Farm Credit Canada Named One of Canada's Top Employers


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: FARM CREDIT CANADA

JANUARY 4, 2005 - 08:00 ET

Farm Credit Canada Named One of Canada's Top Employers

REGINA, SASKATCHEWAN--(CCNMatthews - Jan. 4, 2005) - Farm Credit Canada
is climbing the list of the top companies to work for in Canada.

FCC is ranked 35th on the 50 Best Employers in Canada list, released
today in The Globe and Mail's Report on Business magazine. Last year,
the Regina-based federal Crown corporation made the list for the first
time, holding down the 50th position.

The annual list, prepared by the human resources consulting firm Hewitt
Associates and The Globe and Mail, is based on the results of a study
conducted for participating companies across Canada. The study measures
employee engagement by looking at factors such as pay and benefits,
work-life balance, trust of senior managers and opportunities for career
development.

"We're very proud to once again be named as one of Canada's top
employers," says FCC President and CEO John Ryan. "We are working very
hard to build a culture where employees feel they are treated with trust
and respect, and where they are inspired to give their all toward
creating something that adds value to agriculture. The increase in our
score reflects the efforts of all our employees to bring that culture to
life within FCC."

The study cites a number of reasons that FCC stands out as an employer,
including:

- Our extensive leadership training for managers;

- We donate about 1% of profits to charities and communities;

- We encourage employee volunteer efforts.

Ryan says FCC's 1,100 employees are key to the company's consistently
strong performance in the marketplace. "Our employees are hardworking,
caring people and I thank them for the remarkable energy, passion and
commitment they bring to creating great customer experiences," he says.

FCC is Canada's leading provider of business and financial solutions to
the agricultural industry. The corporation's lending portfolio has grown
by close to 60 per cent over the past five years, recently hitting the
$10 billion mark. FCC's customer loyalty and market share have also
grown steadily over the past few years.

Ryan says the survey results are very positive news and will help FCC
continue to attract and retain top employees in the marketplace. He adds
the research will also help the corporation identify employee concerns
and come up with solutions to further increase workplace satisfaction.

BROADCAST VERSION:

FARM CREDIT CANADA IS CLIMBING THE LIST AS ONE OF THE TOP COMPANIES TO
WORK FOR IN CANADA.

FCC RANKED 35th ON THE 50 BEST EMPLOYERS IN CANADA LIST RELEASED TODAY
BY THE GLOBE AND MAIL'S REPORT ON BUSINESS MAGAZINE.

THE ANNUAL STUDY IS CONDUCTED BY HEWITT ASSOCIATES AND THE REPORT ON
BUSINESS MAGAZINE. IT'S BASED ON EMPLOYEE SURVEYS DONE AT PARTICIPATING
COMPANIES ACROSS CANADA. FCC GOT HIGH MARKS IN A NUMBER OF AREAS,
INCLUDING DONATING ONE PERCENT OF IT'S PROFITS TO CHARITIES AND
COMMUNITIES, AND ENCOURAGING EMPLOYEES TO VOLUNTEER.

CEO JOHN RYAN SAYS FCC IS WORKING HARD TO CREATE A CULTURE WHERE
EMPLOYEES FEEL INSPIRED TO GIVE THEIR ALL TO SERVING CUSTOMERS AND THE
AGRICULTURAL INDUSTRY.

FCC IS CANADA'S BIGGEST AGRICULTURAL LENDER. LAST YEAR, THE REGINA-BASED
CROWN CORPORATION GREW ITS TOTAL LOAN PORTFOLIO TO A RECORD 10-BILLION
DOLLARS.

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