The Rural Voice, 1987-03, Page 5OFFIRR Plus:
IT CAN CUT YOUR
FARM DEBT
INTERESI' TO 8%
The Ontario Family Farm Interest Rate
Reduction program (OFFIRR Plus) is
designed to reduce your farm debt by
covering part of the interest costs.
OFFIRR Plus, a $246 million three-
year program, applies to both long-term
and operating debt.
It can reduce the interest rate on farm
loans to as low as 8%.
And it can cover as much as $360,000
worth of farm debt annually.
OFFIRR Plus also includes an Adverse
Weather Assistance provision to assist
those who suffered crop losses because of
adverse weather in 1986.
To find out more about OFFIRR Plus
- and the Adverse Weather Assistance
provision - contact any Ontario Ministry
of Agriculture and Food office.
Or call collect at Ministry of
(416) 965-7661. W Agriculture
and Food
ONTARIO
Completed applications:
no later than May 18, 1987.
Minister Hen Jack Riddell
Premier Hon David Petersen
MARCH 1987 3