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BMO Bank of Montreal Announces Relief Program for Grain Farmers in Western Canada

 
BMO Bank of Montreal announced today it is offering a financial relief program to assist customers in the Prairies and Western Canada affected by the current grain handling backlog, amid a larger than expected crop and severe winter weather.
 
"We stand by our customers through both good and challenging times and hope this program will help to alleviate some of the issues currently being faced by grain producers and other related businesses as a result of the backlog," said Andrew Irvine, Head, Customer Solutions, Canadian Personal & Business Banking, BMO Bank of Montreal.
 
The program includes:
  • Deferral of loan payments
  • Waiver of a new loan application and concessions on renewal fees
  • Flexible terms on existing and new lines of credit for 2018 are being developed on a case-by-case basis
 
Source : BMO

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Spring Planting Prep Just Got Serious… We NEED This!

Video: Spring Planting Prep Just Got Serious… We NEED This!

Getting closer to planting season means one thing… it’s time to get EVERYTHING ready.

Today didn’t go exactly as planned—we thought we’d be hauling potatoes again, but instead we spent the day digging equipment out of the cellar, hooking up the grain drill, and getting tractors ready to roll. With wheat planting just around the corner, every piece of equipment matters.

Of course, it wouldn’t be a normal day without a few problems… dead batteries, hydraulic issues, and a truck tire that absolutely refused to cooperate. We tried everything—jump packs, bead bazooka, ratchet straps… and eventually had to bring out the “big guns” just to get things moving again.

But that’s farm life—adapt, fix, and keep moving forward.

We’re getting close to go-time. Wheat seed is coming soon, and planting season is right around the corner