The Tile Drainage Loan Program provides loans to property owners in the farm land tax class and is authorized by the Tile Drainage Act.
To start the loan process, fill out the application form and return to the Municipal Office.
- All loans have a 10 year term and are repaid on your property tax bills
- The current interest rate is 6%
- Landowners are eligible for a loan of 75% of the cost of the drainage work, up to $50,000
- The loan can be repaid in full at any time
For detailed information on the Tile Drainage Loan Program visit the Ontario Ministry of Agriculture and Food’s Drainage page.