Egg Farmers of Ontario is accepting applications for it's New Entrant Loan Pool program.
EFO Chair Scott Graham calls it an exciting opportunity for young farmers to get into the egg production business.
Successful applicants will be able to borrow up to 10 thousand units of quota on a 2 to 1 ratio.
That means for every unit of quota they buy, they'll be able to borrow 2 units.
After 10 years, the loaned quota is returned to EFO in 10 annual installments.
That returned quota is then used to be loaned to future program participants.
There are a number of eligibility requirements, including being a permanent resident of Ontario, not having held quota of any type in the supply managed sector and priority will be given to applications between 18 and 45 years old.
Application details and information are on the Egg Farmers of Ontario website.
Deadline for applications is May 29th.
