SILVER FOR GOLD
The Rm of Nipawin is participating in a fundraiser for Childhood Cancer by collecting “pop can” tabs in our office until May 2022.
Collect your tabs and drop them off at the RM Office - located in Codette
during office hours (Mon-Fri 8am-12pm & 1pm-4pm).
1250 tabs equal one pound and each pound is worth $0.80
Learn More
Silver for Gold was created by EcoGenX and has partnered with Small But Mighty SK and the Rural Municipal Administrators Association (RMAA).
or email Dallon Leger – dallonleger@econgenx.com
or email Brooke Switzer – brookeswitzer@econgenx.com
Candian Agricultural Act program
Program Offerings
The Canadian Agricultural Loans Act (CALA) Program is a loan guarantee program designed to increase the availability of loans to farmers and agricultural co-operatives. Farmers can use these loans to establish, improve, and develop farms, while agricultural co-operatives may also access loans to process, distribute, or market the products of farming.
Under the CALA, the federal government guarantees, to the lender, repayment of 95% of a net loss on an eligible loan issued.
The maximum aggregate loan limit for any one farm operation is $500,000.
Loans are limited to a maximum of:
· $500,000 for the purchase of land and the construction or improvement of buildings
· $350,000 for all other loan purposes, including consolidation/refinancing
The maximum aggregate loan limit for agricultural co-operatives is $3 million, with the Minister's approval.
For example: If a farmer gets a CALA loan for $300,000 for a tractor, he can still access up to $200,000 for land purchase or building repair, or $50,000 for another implement and $150,000 for land purchase or building repair.
Eligibility
You can apply if you are one of the following:
· existing farmers
· beginning farmers (that is, less than 6 years of farming)
· start-up farmers
· farmers taking over the family farm
· part-time farmers
· agricultural co-operatives with a majority (50% + 1) farmer membership
