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Special Provisions for Financial Difficulties │Ontario Soil and Crop Improvement Association (OSCIA)

February 28, 2025

Value

Eligible applicants may receive one-time funding of 100% cost-share up to maximum of $5,650 (inclusive of HST)

Description

Under the Sustainable Canadian Agricultural Partnership, Ontario farmers who are experiencing financial difficulty may qualify to access financial advisory services to complete a Farm Financial Analysis.

The Farm Financial Analysis:

  • provides a review of your farm business’ past financial performance
  • provides an analysis of the current business climate
  • develops objectives and identifies options to meet profitability and sustainability goals.

Eligible Applicants

To be eligible for funding under Special Provisions for Financial Difficulties you must:

  • Be an established farm business that is actively farming in Ontario.
  • Have a valid Premises Identification Number for the farm property where the proposed project will be implemented.
  • Be experiencing financial difficulty and be able to provide supporting documentation with your application.
  • Have identified a Farm Financial Advisor* to complete the Financial Analysis.

* Please note that Financial Advisors are not employed or approved by OMAFRA or by OSCIA in any way. Financial Advisors work directly with the farm business and do not market any specific programs. A resource for identifying a Farm Financial Advisor may be the Canadian Association of Farm Advisors (CAFA).

Eligible Expenses

Special Provisions for Financial Difficulty supports the cost for a qualified, third-party Financial Advisor to complete a Farm Financial Analysis (FFA) that meets all program requirements outlined here. The advisor and the applicant farm business will work together in developing the financial analysis that incorporates previous and current year financial status and provides options for the future for the farm business.

Deadline Date

Intake 2: March 1, 2024 – February 28, 2025

Industry:

Agriculture

Location:

Ontario

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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