Minister Ritz Announces Reappointment to Farm Credit Canada

Marketwired

OTTAWA, ONTARIO--(Marketwire - Nov 26, 2012) - Agriculture Minister Gerry Ritz today announced the reappointment of Ross Ravelli to the Board of Directors to Farm Credit Canada (FCC).

"I''m pleased to announce the reappointment of Ross Ravelli to FCC''s Board of Directors," said Minister Ritz. "Since joining the Board in 2010, Mr. Ravelli has shown a strong dedication to seeing FCC''s customers, communities, and the agriculture industry succeed. I''m certain he will continue to be an asset to the Board''s work moving forward."

As Canada''s leading agricultural lender, FCC is advancing the business of agriculture. With a healthy portfolio of more than $24 billion and 19 consecutive years of portfolio growth, FCC is strong and stable-committed to serving the industry through all business cycles. FCC provides financing, insurance, software, learning programs, and other business services to producers, agribusinesses, and agri-food operations.

Under the Board of Directors'' leadership, FCC has consistently been a top provider of agriculture financing in Canada. FCC has been on the Top 50 Best Employers in Canada list for the tenth consecutive year, recently placing fifth. FCC also gives back to the community-including collecting over 1.4 million pounds of food and $760,000 for local food banks this year as part of FCC''s Drive Away Hunger campaign.

Headquartered in Regina, FCC is a Crown corporation that reports to Parliament through the Minister of Agriculture and Agri-Food.

Mr. Ravelli''s reappointment is for a term of three years and is effective February 10, 2013. A biographical note for Mr. Ravelli is attached.

Biographical Note

Ross Ravelli

Ross Ravelli of Dawson Creek, British Columbia, has been a director with FCC since February 2010. Mr. Ravelli is the owner of Ravelli Farms Ltd., a third-generation, 2,500 acre grains and oilseeds operation. Mr. Ravelli has had an extensive career in farm organizations, beginning in the late 1980s. Over the past decade, Mr. Ravelli has had the opportunity to lead two national organizations. He was president of the Canadian Canola Growers Association from 2002 to 2006, and from 2006 to 2008, he served as president of the 80,000-member Grain Growers of Canada. Mr. Ravelli is currently a commissioner with the British Columbia Utilities Commission. Mr. Ravelli has traveled extensively both nationally and internationally, promoting both Canadian agriculture and Canadian agriculture producers.

Contact:
Media Relations
Agriculture and Agri-Food Canada
Ottawa, Ontario
613-773-7972
1-866-345-7972
Jeff English
Press Secretary
The Office of the Honourable Gerry Ritz
613-773-1059
jeff.english@agr.gc.ca

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