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EDC rejects Tepper farm claim

09 January 2012

Export Development Canada has rejected a claim from Tepper farm after it failed to provide enough evidence for a rotten Russian potato deal.

Read more: export credit agency eca EDC Export Development Canada Tepper farm Russia potatoes claim Zao Ozery

Canadian export credit agency EDC has rejected a claim of around C$1 million ($975,000) submitted by the beleaguered Tepper farm in New Brunswick after a Russian buyer failed to pay for its potatoes.

The claim relates to a transaction dated May 2010, in which Tepper farm did not receive payment from Zao Ozery for 20 containers...


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If the US banks are saying they’re taking the business, I’m not sure where they’re taking it from.

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