Farm operators may apply for credit under this Act for a purpose relating to, inter alia, purchase of livestock, clearing, breaking, irrigating, draining, diking or fencing of land, works on farm buildings and purchase of agricultural equipment (sect. 2). Fiscal and financial measures surrounding the granting of credit are spelled out in sections 3-8. Section 9 allows for the signing of Federal-Provincial agreements for agricultural credit and section 10 describes the regulatory powers of the Lieutenant Governor in Council under this Act.
Canada · 1973-11-07