Bank of Canada Hikes Rates for First Time Since 2018
| OTTAWA -- The Bank of Canada raised its overnight lending rate by 25 basis points to 0.50 per cent on Wednesday, marking the first time the central bank has tightened monetary policy since 2018, while highlighting how Russia's attack on Ukraine could weigh on global growth and lift commodity prices further.
Spotlight on Guelph Food Bank
| Agricultural Credit Corporation would like to shine a spotlight on one of the local Guelph charities during the holiday season...
Governments Protecting the Mental Health of Ontario Farmers
| The governments of Canada and Ontario are protecting the mental health of farmers and their families by investing more than $7 million dollars through the Canadian Agricultural Partnership to launch two, new multi-year mental health initiatives that are specialized to support those in the agriculture sector.
Ontario Improves Commodity Loan Guarantee Program
| The Government of Ontario is making improvements to the Commodity Loan Guarantee Program to extend repayment deadlines, increase lending capacity and provide farmers with greater flexibility to purchase essential crop growing supplies, such as seed and fertilizer.