Farm Credit Canada

Farm Credit Canada

September 23, 2014 04:30 ET

FCC contributes $1 million to 78 community projects across Canada

REGINA, SASKATCHEWAN--(Marketwired - Sept. 23, 2014) - The Farm Credit Canada (FCC) AgriSpirit Fund is providing $1 million to 78 community groups across Canada to support capital projects that will help improve the quality of life for residents. Over the past 11 years, AgriSpirit has helped to fund 869 projects.

"The FCC AgriSpirit Fund is about making life better for people in rural Canada - giving back to the communities where our customers and employees live and work," said Sophie Perreault, FCC executive vice-president and chief operating officer. "We're proud to work in partnership with these great organizations that are making a positive difference. Congratulations to all the recipients."

The FCC AgriSpirit Fund awards rural community groups between $5,000 and $25,000 for community improvement projects, such as recreation and community centres, libraries, and emergency services training facilities. All projects are based in communities with populations less than 150,000 and selected groups must complete their projects by December 31, 2016.

Nationally, 1,111 applications were received this year which clearly indicates how passionate Canadians are about their communities.

"It's a credit to these individuals and organizations across the country who have used more than $8.5 million provided through the FCC fund over the past 11 years to make their communities better now and for the next generation," said Perreault. "Thank you to those who are dedicated to raising funds and turning those dollars into something concrete."

A complete national listing of selected projects can be found at www.fccagrispiritfund.ca.

The next application period opens in spring 2015. Registered charities and non-profit organizations interested in funding can visit www.fccagrispiritfund.ca for eligibility requirements and to apply online.

FCC is Canada's leading agriculture lender, with a healthy portfolio of more than $26 billion and 21 consecutive years of portfolio growth. FCC is strong and stable - committed to serving the industry through all cycles, and to being socially and environmentally responsible. FCC provides financing, insurance, software, learning programs and other business services to producers, agribusinesses and agri-food operations. Employees understand agriculture and are committed to the success of customers and the industry. With FCC in the market, producers benefit, agriculture benefits, rural Canada benefits and so do all Canadians. For more information, visit www.fcc.ca. Follow Farm Credit Canada on Facebook, LinkedIn and on Twitter @FCCagriculture.

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