Forestry Financing – Grant Brief ### 📋 Eligible Entities - Corporations engaged in forestry operations - Forest producers and forest product companies - Forest management operators maintaining production units - Entities developing new forest production capacity - Applicants must operate within eligible Canadian forestry sectors - Must have a relationship with a participating financial institution ### 💰 Funding Details - Loan Amount: Variable (determined based on project scope and financial institution assessment) - Interest Rate Range: 0.30% to 0.60% (low-interest loans) - Repayability: Full repayment required (loans, not grants) - Matching Requirements: Not specified; applicant sources remaining financing through participating institutions - Currency: Canadian dollars - Loan Terms: Determined by participating financial institutions in conjunction with program guidelines ### 🛠️ Approved Expenses - Forest production unit development and establishment - Forest maintenance and management operations - Equipment and technology for forestry operations - Infrastructure improvements for forest production - Working capital for forest operations and promotion - Operational costs related to sustaining forest production units - Business promotion of forestry corporation or products ### ⚠️ Conditions & Milestones - Must apply through a participating financial institution of your choice - Applicant must qualify for financing based on standard lending criteria - Funds allocated for legitimate forestry production purposes only - Program aims to promote, maintain, or develop forest operations (not general business use) - Ongoing compliance required with forestry sector regulations - Financial institution conducts standard credit assessment and approval process - Low-interest rates conditional on program participation and eligibility verification