Tuesday, May 19, 2020

Business loans open to farmers

Farmers are among those who can apply for a loan of up to $40,0000 under the Canada Emergency Business Account.

Up to $10.000 may be forgiven.

“Today’s announced expansion of the eligibility to the Canada Emergency Business Account is a big deal for farmers across the country,”said federal Agriculture Minister Marie-Claude Bibeau.

“Farmers can be assured that we have their back, and we are continuing to roll-out supports for our agriculture sector,” she said.