Amount: $700,000.00 Type of Program:Interest Relief Description:The Tourism Interest Relief Program provides assistance to Island tourism operators. The assistance provided will equal the amount of interest expense incurred or paid on term debt, for each month from April 1, 2020 to September 30, 2022. Assistance will also be provided equal to the amount of unsubsidized interest…
Amount:No Fixed Amount Type of Program:Interest Relief Description:The Cattle and Sheep Industry Development program seeks to improve industry competitiveness and resilience by providing funding assistance which gives producers the opportunity to make investments that increase livestock numbers.Program funds assist by offsetting interest charges for the first 2 years after the loan is taken.Comments on Funding:Program…
Amount:$30,000.00 Type of Program:Interest Relief Description:The FarmNext Program aims to encourage and support new farmers establishing a commercial farm in Nova Scotia. By contributing to the interest accrued on a new loan, program funds are intended to improve the financial stability of the new farm business in the first years of operation. Comments on Funding:Funding shall…
