Canadian produce growers gain better financial protection under amended bankruptcy laws.

Canadian fresh-produce growers now have more financial protection under an amended bankruptcy law. The changes to the Bankruptcy and Insolvency Act create a trust system to safeguard the value of produce sold to consolidators, ensuring payment if the buyer files for bankruptcy. While the industry welcomed the move, some argue it falls short compared to the extensive support offered to U.S. growers.

December 15, 2024
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