Hand holding a money bag in a farm field

Did you know that the Canadian Agricultural Loans Act (CALA) program offers Government of Canada-backed loans for farmers and agricultural co-operatives?

Here are the benefits:

  • Up to $500,000 per farm operation
    • $500,000 for purchasing land, and constructing or improving buildings
    • $350,000 for other eligible loan purchases, such as farm equipment or livestock
  • Up to $3 million per agricultural co-operative
  • Low down payments
    • 10% for beginning farmers
    • 20% for existing farmers
  • Low interest rates
  • Flexible repayment options

CALA program loans are administered through your financial institutions. Learn more about the CALA program and how to apply.

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