MASC Increases Support for Young Farmers

The Young Farmer Rebate Maximum Limit has
Increased by $10,000!

New for this year, the Young Farmer Rebate (YFR) maximum limit has increased from $20,000 to $30,000! That means eligible producers under the age of 40 can enjoy an annual rebate of up to two per cent on the first $300,000 of a loan for the first five years, to a maximum savings of $30,000.

The YFR program is part of our Bridging Generations Initiative designed to support the next generation of Manitoba farmers. These savings assist in providing capital in those critical startup years where every dollar counts.

For more information on the Young Farmer Rebate, please visit our website.

Lending Limit Increases

With both operational and capital costs continuing to rise, MASC recognizes producers need access to stable sources of credit. That's why we've increased the Direct Loan lending limit to $5.25 million (from $4.75 million) and the Stocker Loan limit to $1 million (from $750,000).

Ready to Apply?

Secure this season's financing with MASC and take advantage of the Young Farmer Rebate!

The team at our service centre in Steinbach is here to help you get started.

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