Cattle and Sheep Industry Development Program

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 funds assist by offsetting interest charges for the first 2 years after the loan is taken.
Applicants can apply for a maximum assistance of 10% of their cattle and sheep commodity sales.

When It Ends:

Ongoing

Deadline:

February 28, 2022

Eligibility:

Applicants must:

be currently and properly registered in the correct income category under the Farm Registration Act;
have generated annual eligible gross commodity income of $30,000;
be currently in good standing with Sheep Producers Association of Nova Scotia (“SPANS”), designated under the Agriculture and Marketing Act; and or the Nova Scotia Cattle Producers (“NSCP”) Licensing and Levy requirements under the Natural Products Act;
be at least 19 years of age
have a valid Premises Identification;
be enrolled in a herd/flock health program;
have completed a recognized humane handling course.