CALA Loans

The Canada Agricultural Loans Act (CALA) is a federal government guaranteed loan program* designed to provide eligible farmers and farm co-operatives with easier access to funds they need to grow their operations. Its purpose is to help Canadian farmers finance improvements and fund the processing, distribution and marketing of farm products. CALA loans can be used to:

  • purchase farm real estate, livestock (breeding herd) and farm equipment (including repairs)
  • construct farm buildings
  • purchase crop storage condominiums
  • consolidate certain types of debt
  • supplement a farm's energy use with power from renewable sources

CALA features

  • up to 80% of required capital for eligible business assets
  • up to $3 million for farm product marketing cooperatives
  • maximum term of 10 years (15 for land)
  • terms match the loan purpose and income stream
  • flexible repayment options
  • variable interest rates

Learn more about CALA here

*CALA replaced the Farm Improvement and Marketing Cooperatives Loans Act.