Ontario's Beef Cattle Financial Protection Program provides financial protection to beef cattle sellers when a buyer defaults on payment.
Beef cattle sellers and buyers can be beef cattle producers, cooperatives or licensed dealers and their licensed agents.
Under the Protecting Farmers from Non-Payment Act, all dealers must have an active licence in order to conduct business. A licensed dealer requires the written consent of the Director to allow a third party, such as an agent, to use the dealers' licence. Licensed dealers can include:
- Packing plant operators
- Abattoir operators
- Auction market operators
- Fair operators
- Exhibition operators
- Country dealers
What's new
Effective January 1, 2026, there are updates to the Beef Cattle Financial Protection Program (BCFPP) as a result of the proclamation of the Protecting Farmers from Non-Payment Act and regulations.
Refer to the Impact of Beef Cattle Financial Protection Program Changes information sheet for information on all changes including timing of implementation.
