How do I apply for Canadian Agricultural Loans Act program?

Visit Government of Canada, Agriculture and Agri-Food Canada's website for application instructions.

What industries are eligible for Canadian Agricultural Loans Act program?

Eligible industries include: agriculture, farming.

Who administers Canadian Agricultural Loans Act program?

This program is administered by Government of Canada, Agriculture and Agri-Food Canada.

Are there similar programs to Canadian Agricultural Loans Act program?

Yes! Canada Grants Database has similar programs in the Agriculture, Food & Fisheries category. Browse our database to find more options that match your needs.

How can I improve my chances of getting approved for Canadian Agricultural Loans Act program?

Our detailed breakdown covers step-by-step application instructions, required document checklists, and eligible expense breakdowns so you know exactly what to prepare before applying.

Canadian Agricultural Loans Act program

Government of Canada, Agriculture and Agri-Food Canada

🌾 Agriculture, Food & Fisheries🍁 National🏪 Small Business📈 Growth🔧 Equipment🏗️ Infrastructure

Loan guarantee for farmers

Funding

$50,000 - $3,000,000

Deadline

See website

Status

Accepting Applications

What Is This Program?

Get a loan of up to $500,000 for the purchase of land and the construction or improvement of buildings or $350,000 for all other loan purposes, including consolidation/refinancing

What Benefits Are Offered?

loan

A loan guarantee program that increases the availability of loans to farmers and agricultural co-operatives. The federal government guarantees 95% of a net loss on eligible loans, allowing farmers to establish, improve, and develop farms, and co-operatives to process, distribute, or market farm products.

Who Is Eligible?

Business Size: small

Industries: agriculture, farming

Region: Canada

Other Criteria: Existing farmer, Beginning farmer (less than 6 years of farming), Start-up agribusiness farmer, Farmer taking over the family farm, Part-time farmer, Agricultural co-operatives with a majority (50% + 1) farmer membership, Farmer definition: individual, partnership, corporation, or co-operative association engaged in or intending to engage in farming in Canada, Farming definition: production of field-grown/horticultural crops, raising livestock/poultry/fur-bearing animals, production of eggs/milk/honey/maple syrup/tobacco/fibres/wood from woodlots/fodder crops, or other prescribed animals/things, Loan purposes must be eligible under the Act, including purchase of land, construction/improvement of buildings, purchase of tools/implements/machinery, purchase of livestock, building fencing/drainage, planting trees, consolidation/refinancing loans, inter-generational farm transfers, cannabis production, vertical farming, leasehold/land improvements, For real property loans, borrower must own the property or have a leasehold interest extending at least 2 years beyond the loan's repayment term (for tenant farmers with distinct land base)