Step 1. What this program offers
Intake period: Open
The Farm Debt Mediation Service offers free financial counselling and mediation services to farmers who are having difficulties meeting their financial obligations. It is a voluntary, private and confidential service that brings producers and their creditor(s) together with a mediator in a neutral forum to reach a mutually acceptable solution.
The majority of cases that have gone through the mediation process have resulted in a signed agreement between farmer and creditor(s).
The Farm Debt Mediation Service is divided into 2 sections:
- Section 5(1)(a) - includes a stay of proceedings
- Section 5(1)(b) - does not include a stay of proceedings
Learn more about how to apply.
A qualified financial consultant will be assigned to work with you throughout the mediation process.
Once the financial consultant has helped you develop a recovery plan, a meeting will be arranged with you, your creditor(s) and a mediator.