Canadian Agricultural Loans Regulations

17 (1) A lender shall pay to the Minister at the time of registration of a loan a fee in the amount of 0.85% of the amount of every loan.

(2) For the purposes of subparagraphs 4(3)(e)(i) and 6(2)(e)(i) of the Act, the charge is the administration charge in respect of a loan charged by the lender up to a maximum amount of

• (a) the lesser of 0.25% of the loan principal or $250, if the loan is for less than $250,000; and

• (b) 0.1% of the loan principal, if the loan is for $250,000 or more.