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 trees for 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.
- SOR/2014-39, s. 3
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