Tile Drain Loans

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.

• Application Form
• Tile Drain Loan Fact Sheet FAQ from the Ontario Ministry of Agriculture, Food and Rural Affairs
• Application Guidelines from the Municipality of Brockton 

What are the Terms of the Loan?

• All loans have a 10 year term and are repaid in your final two property tax installments 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.