Beef Interest Pay-Down Program

The  Nova Scotia Beef Interest Pay-Down Program is in the final year of a 3-year program to provide assistance to Nova Scotia beef producers to pay down loan interest .

Producers with short term loans from last year that were specifically for beef production can apply to this program and receive the interest paid during 2011. A short application form must be completed and sent to the NSFA office. Each application form must be signed by the farm owner and the financial institution. The application will identify type of loan, purpose, amount borrowed, interest rate and interest paid complete with a signature from your financial lender authorizing the loan amount and interest for 2011. Financial Institutions will hold the liability for the loans and the Nova Scotia Federation of Agriculture.

(NSFA) will facilitate the payment of the interest for those loans.The program is delivered through the NSFA. More information is available on this website or by contacting the Federation office at (902) 893-2293.