Canadian Agricultural Loans Regulations

2 For the purpose of paragraph 4(1)(h) of the Act, the other purposes for loans made to farmers are the following:

• (a) the clearing, breaking, irrigating and reclaiming of land;

• (b) the conservation of soil and the prevention of soil erosion by the planting of trees and shelter belts;

• (c) the purchase, movement to and installation on a farm of complete or partially complete structures and, if necessary, the completion of the installed structures;

• (d) if the cost is $2,000 or more, a repair or overhaul of fencing;

• (e) if the cost is $2,000 or more, the purchase and planting of maple trees for maple syrup production and the purchase and planting of fruit trees, Christmas trees and ginseng;

• (f) the construction of a road or driveway on a farm;

• (g) the costs of land transfer taxes and survey, appraisal and legal costs relating to the purchase of additional land;

• (h) the purchase of a crop storage condominium;

• (i) the cost of obtaining security on existing assets; and

• (j) the cost of a fee or charge referred to in section 17.