Canadian Agricultural Loans Act Program

Fees related to the Canadian Agricultural Loans Act (CALA) Program
Transactions Fee
File analysis and setup
Loan up to $250,000 0.25% min. of authorized amount,
$250 max
Loan of over $250,000 0.1% of authorized amount
Insurance fee (paid to the Receiver General of Canada) 0.85% of authorized amount
Renewal
At maturity 0.25% of balance min.
0.125% min. of balance
Before maturity penalty stipulated in contract