Tile Drain Loans

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The Tile Drainage Loan Program provides loans to property owners in the farm land tax class and is authorized by the Tile Drainage Act.

How Can I Apply for a Loan?

To start the loan process, simply fill out the application form and return to the Municipal Office with the signed application guidelines.

What are the Terms of the Loan?

  • All loans have a 10 year term and are repaid in your final two property tax instalments each year
  • 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 loan program visit the Ontario Ministry of Agriculture and Food's Drainage page