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Farm Debt Mediation Service | Agriculture and Agri-Food Canada (AAFC)

Open to applications

Value

Free financial counselling and mediation services.

Description

The Farm Debt Mediation Service offers financial counselling and mediation services to farmers who are having difficulties meeting their financial obligations. It is a free and voluntary service for both producers and for creditor(s). The service helps bring producers and their creditor(s) together with a mediator in a neutral forum to reach a mutually acceptable solution.

Eligible Applicants

You must meet the following 2 criteria to be eligible for mediation services under the Farm Debt Meditation Act (FDMA).

  • You farm for commercial purposes
    • You produce agricultural products for sale and not solely for their purpose
    • You meet the FDMA definition of farming, which means:
      • the production of field-grown crops, cultivated and uncultivated, and horticultural crops
      • the raising of livestock, poultry and fur-bearing animals
      • the production of eggs, milk, honey, maple syrup, tobacco, fibre, wood from woodlots and fodder crops
      • the production or raising of any other prescribed thing or animal
  • You’re insolvent and indicate at least 1 of the following to describe your current financial situation:
    • You’ve stopped your payments or can’t make your payments on time
    • If sold, the value of your property would not be enough to cover the cost of your debts

Eligible Expenses

The Farm Debt Mediation Service offers 2 options:

  1. Financial counselling and mediation with a stay of proceedings: This option includes a temporary halt on legal actions by creditor(s) while mediation is ongoing
  2. Financial counselling and mediation without a stay of proceedings: This option does not include a halt on legal actions, but still provides a platform for mediation between the farmer and creditor(s)

Deadline Date

Open. Please click the link indicated below for update.

Contact

Contact Name: Agriculture and Agri-Food Canada Farm Debt Mediation Service

Phone Number: 1-866-452-5556 (toll-free)

E-mail Address: aafc.fdmswest-smmeaouest.aac@canada.ca

Website: https://agriculture.canada.ca/en/programs/farm-debt-mediation-service

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