Farm Credit Canada

Farm Credit Canada

December 13, 2010 08:06 ET

Over 100 community groups in rural Canada to benefit from funding

REGINA, SASKATCHEWAN--(Marketwire - Dec. 13, 2010) - Over 100 groups in rural Canada want to make life even better in their communities, and now they have the funding to help make it happen. Farm Credit Canada (FCC) is giving a total of $1 million to 104 rural community groups across Canada for capital projects, as part of the FCC AgriSpirit Fund. For more information about the selected projects in each province, visit www.agrispirit.ca.

The FCC AgriSpirit Fund annually awards rural community groups between $5,000 and $25,000 for community improvement projects, such as recreation centres, emergency services equipment, playgrounds and care homes.

FCC knows the spirit of volunteerism is strong in rural communities across the country. The FCC AgriSpirit Fund supports much-needed projects and celebrates the people responsible for making a positive difference in the lives of those around them.

Nationally, 919 applications were received for AgriSpirit funding, a clear indication that people in rural Canada are passionate about their communities, and doing their part to ensure they continue to thrive.

To receive funding, selected groups must meet specific criteria prior to implementing their projects, which must be finalized before December 2012.

"We know that there are hundreds of worthy community improvement projects happening across the country," says Rémi Lemoine, FCC Executive Vice-President and Chief Operating Officer. "We encourage groups who don't receive funding to re-apply next year as they move forward with their projects."

Over the past seven years, a total of over $4.5 million in funding has been given to AgriSpirit projects in rural communities across Canada.

Applications for the 2011 FCC AgriSpirit Fund will open on May 2, 2011.Visit www.agrispirit.ca for eligibility requirements and more information.

As Canada's leading agriculture lender, FCC is advancing the business of agriculture. With a healthy portfolio of more than $19.7 billion and 17 consecutive years of portfolio growth, FCC is strong and stable – committed to serving the industry through all cycles. FCC provides financing, insurance, software, learning programs and other business services to producers, agribusinesses and agri-food operations. FCC employees are passionate about agriculture and committed to the success of customers and the industry. For more information, visit www.fcc.ca.

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