Feeder Associations Guarantee Act and Regulation

Subscribe to our free E-Newsletter, "Agri-News" (formerly RTW This Week)Agri-News
This Week
 The current legislation provides farmers with an alternative method of financing feeder livestock. This will be replaced by a new Feeder Associations Guarantee Act and Regulation, which are targeted to come into force and effect in September 2010.
In order to qualify for a guaranteed loan, a feeder association must be incorporated in Alberta. In addition, a feeder association must maintain an account as security for a guaranteed loan with the lender and operate in a sound manner. The failure to do so or non-compliance with the applicable legislation may result in the Minister ordering the prohibition of further advances made under a guaranteed loan.

One significant change to the new Act is that a member of a feeder association will be able to retain an ownership interest in an animal in the value-added chain after the animal goes to market, processing, and retail.
Act Regulations Orders in Council For more information about this legislation, contact Dace Cochlan
For more information about the content of this document, contact Stacey Tames.
This information published to the web on January 11, 1999.
Last Reviewed/Revised on November 25, 2014.