Overnights

Midnight - 6:00am
Email
Now Playing: Kenny Chesney - Somewhere With You (Single Edit)
Listen Live

    Search

    Government announces a new $15 million Harvester Enterprise Loan Program

    Friday, 24 May 2024 12:00

    By Tonya Organ

    The program has been enhanced to increase maximum guarantee thresholds.

    Government has announced a new Harvester Enterprise Loan Program. It comes with a $15 million investment by the Innovation and Business Investment Corporation (IBIC). The program has been enhanced to increase maximum guarantee thresholds. New components have been added to allow for down payment loans and interest payment rebates to harvesters.  $10 million is available for down payment requirements of accessing a loan from a financial institution, as well as $5 million for interest payment requirements. Applications will open in early July. 

     

    Share

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Heavy Rain

      High: 8°C | Low: 0°C

    • Deer Lake

      Heavy Rain

      High: 8°C | Low: 1°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Atlantic Jazz Nights

      Atlantic Jazz Nights coming to Corner Brook and Stephenville

    • The Plain Truth

      The Plain Truth, Wednesday April 16, 2025

      The topic of this week’s show is Parenting

    • Corner Brook In Council

      Corner Brook City Council Meeting, Monday April 15, 2025

      Corner Brook City Council Meeting, Monday April 15, 2025