The federal budget took a gentle swipe at Farm Credit Canada by saying most of its loans are to older white men who are wealthier than most Canadians.
It calls for regular reviews to ensure the FCC deals fairly with women, LGBTQ people, racial minorities and indigenous people.
The FCC answered by saying it does lend to women, has special programs for applicants younger than 40 and for indigenous people.
The budget document said “traditionally underrepresented groups such as women, youth, indigenous, 2SLGBTQI+, and black and racialized entrepreneurs may particularly benefit from regular legislative reviews to better enable Farm Credit Canada to align its activities with their specific needs.”
