Friday, December 14, 2012

Johnston chairs FCC

Dale Johnston is the new chairman of Farm Credit Canada’s board of directors.

He was appointed by fellow Tory and Agriculture Minister Gerry Ritz.

Johnston, who farms in Panoka County, Alberta, was a Member of Parliament from 1993, when he was a Reform Party member, to 2006 when he chose to not contest the election that year. He was Chief Opposition Whip from 2004 to 2006.

He also served as a municipal councilor, reeve and as chairman of the Panoka County Board of Education, on the board of Panoka General Hospital and a number of local organizations.

What I hope is that he is a true free-enterprise conservative who will finally sell Farm Credit Canada so it gets off the government books before it implodes yet again. The last time it cost taxpayers more than $2.5 billion and in the face of current lending for quota and land, it could be a lot more when those bubbles burst.