Minister of Agriculture and Agri-Food Marie-Claude Bibeau announced Farm Credit Canada’s Women Entrepreneur Program at the Advancing Women in Agriculture Conference in Calgary on Tuesday.
The program will provide capital women need to grow their business and skill development opportunities.
A total of $500-million has been committed over three years for the program.
Bibeau says this will make it easier for women to get loans and also support them in building their networks and all the capacity to be successful in business.
“We really believe in any community, if we want to fully develop our region or country we must allow everyone to fully participate and contribute to the development,” says Bibeau.
She added that they had to do something special for women to be recognized and have the capacity to really contribute fully to the economy.
The announcement comes during the minister’s first tour of the country in the role, in which she has been talking with farmers, processors and industry leaders.