Tile loans are available to property owners through Drainage Services. The Municipality collects the loan re-payments annually through your taxes.
The Tile Loan Program is legislated by the Tile Drainage Act. The Ministry of Agriculture Food and Rural Affairs (OMAFRA) reviews interest rates, amounts and availability of loans annually. The current interest rate is 6% for a ten-year term. The maximum amount available is $50,000 per property owner per year or 75% of the total cost of the drainage work - whichever is less.
How do I apply for a tile loan?
Call Drainage Services at 519-360-1998 for more information on the Tile Loan Program. A Tile Loan Application must be completed and submitted to Drainage Services before any tiling begins.