The mission of La Financière agricole du Québec is to support and encourage the development of the agricultural and agri-food sector within a perspective of sustainable development. In fulfilling its mission, the agency concentrates on the development of the primary sector.
La Financière agricole implemented its 2011-2012 Operational Plan with the aim of fulfilling its mission and carrying out its mandates in a context dominated by major issues and ever-growing challenges. The 2009-2012 Strategic Plan and the Operational Plan aim to foster the sustainability and competiveness of farming operations, the enhancement of regional agricultural and agri-food resources, increased customer satisfaction and optimal organizational performance. The many operations undertaken and achievements made over the 2011-2012 year were based on the vision of La Financière agricole "to be the forerunners in the development, adaptation and longevity of Québec's farming operations and agri-food businesses".
Through its various operations, La Financière agricole contributes to the economic development of Québec and its regions. It offers a wide range of financial and risk management tools to ensure the economic and financial stability of farm businesses. Such tools include crop insurance, farm income stabilization insurance, AgriStability, AgriInvest and Agri-Québec, farm and forestry financing with guaranteed loans, protection against interest rate hikes, financial assistance for establishment in agriculture and venture capital investments through its branch, Capital Financière agricole inc.
In carrying out its mission, La Financière agricole seeks to facilitate investments and protect the income of Québec's farm businesses with the aim of promoting their success. It has business dealings with over 26,000 farming businesses and forestry operations.
The agency safeguards insured assets worth close to $4.8 billion. Its portfolio of loan guarantees has reached $4.4 billion, which represents close to half of the farm financing in Québec.
La Financière agricole offers all its products and services using a one-stop approach formula through a network of service centres and counters available in all regions of Québec. It relies on more than 650 employees, more than half of whom work in the regions. The agency is well established in the community and is aware of the specific needs in the regions. Its specialized personnel is positioned to offer solutions tailored to each situation and seeks to maintain a business relationship built on trust with its clients by actively listening to their concerns and seeking solutions.
The mobilization and commitment of dedicated and qualified people enable the agency to offer quality services but also to continually enhance its performance.
La Financière agricole continues to fulfill its commitments by adapting, innovating and remaining flexible in its daily accompaniment of farm and forestry businesses. Its achievements demonstrate its willingness to renew its approaches and actions, thus helping farm businesses better adapt to their business environment so as to favour their sustainable development. Its staff members are constantly in contact with their clients, just as they regularly meet and discuss with stakeholders representing farm producers.