What if I am a Farmer in Canada in Financial Difficulty?
The Canadian Bankruptcy and Insolvency Act and various other governing acts, include:
In response to inquiries arising from the current state of the beef industry, we have prepared the following information paper on this industry for interested readers.
Information Paper - Bankruptcy and Insolvency Issues Related to the Beef Industry - July, 2004 - (PDF - 383K)
Michael Costello, one of our associates based in Calgary, has in-depth experience in a financial restructuring role with a large publicly traded agri-business company with ranching, feeding and meat packing operations, as well being our lead representative in our current role as trustee for a bankrupt cattle brokerage company.
Sharon Stapley, our Red Deer based trustee, has been personally involved in the agricultural industry through her experiences raising crops and livestock. These experiences have given her a strong agricultural background and practical personal contacts. The combination of her knowledge of insolvency, CRA issues, and her hands-on experience in the agricultural industry results in value-added expertise.
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