Canada - More time to apply for hog industry loan program
http://www.agr.gc.ca/cb/index_e.php?s1=n&s2=2010&page=n100224
26-Feb-2010 (16 years 3 months 15 days ago)Canadian pork producers now have more time to apply for government-backed long-term loans. The deadline to apply for a loan under the Hog Industry Loan Loss Reserve Program (HILLRP) has been extended from March 1 to March 26th, 2010.
In addition to the deadline extension for applications under the Hog Industry Loan Loss Reserve Program, the government is also increasing its share of the risk to 90 percent on loans used to repay advances received under the Advance Payments Program. This change will translate in an increase of the reserve allocated to each financial institution to cover potential loan losses.
In addition to the deadline extension for applications under the Hog Industry Loan Loss Reserve Program, the government is also increasing its share of the risk to 90 percent on loans used to repay advances received under the Advance Payments Program. This change will translate in an increase of the reserve allocated to each financial institution to cover potential loan losses.