MISSISSAUGA, March 27, 2014 – Egg Farmers of Ontario (EFO) is once again giving individuals an opportunity to become Ontario’s newest egg farmer by applying to the 2014 New Entrant Quota Loan Pool (NEQLP).  Applications will be accepted from April 1, 2014 until May 30, 2014.

 “We are once again pleased to offer this opportunity,” said EFO Chair Scott Graham. “This program has been well received the past two years and we look forward to welcoming more new egg farmers into the industry.”

The NEQLP is designed to encourage new farmers into the Ontario egg farming business. Each year, up to 10,000 units of quota will be loaned to the successful applicant(s). The quota will be loaned based on a 1:2 ratio (1 unit purchased, 2 loaned). After 10 years, the loaned quota will be returned to EFO in 10 annual installments (10% each) and will be loaned to future participants in the program.

To be eligible for EFO’s 2014 New Entrant Quota Loan Pool, an applicant must:

• Be a Canadian citizen or landed immigrant;
• Be a permanent resident of Ontario;
• Not have held quota, currently or in the past, of any type in the supply-managed sector (egg, pullet, chicken, turkey, dairy or hatching eggs);
• Successful applicants will be required to purchase to match the quota loan, based on a 1:2 ratio;
• Priority will be given to persons between the ages of 18 and 45.

“We again encourage all prospective candidates to submit an application for this program.  We created an ideal way for potential egg farmers to join this exceptional industry.” said Scott Graham, EFO Chair.

Applicants who meet the above criteria will be reviewed by a selection committee comprised of well-respected and knowledgeable industry representatives and EFO will act as a resource for the committee. Committee members are selected by EFO and may include:

• An accountant;
• A financial representative;
• An OMAFRA staff person;
• A non-director egg farmer and
• A representative from Junior Farmers Association of Ontario

To apply, interested individuals must complete and submit an application form. Successful applicants must complete and file with EFO all documentation required of a buyer as set out in the Quota Transfer System (QTS), EFO Policies, Programs and Procedures as may be amended from time to time. Applications will be accepted from April 1, 2014 to May 30, 2014.

New Entrant Application Form - click here!

New Entrant Amended Policy (03/11/2014) - click here! 

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Contact:

Bill Mitchell

Director of Public Affairs

Eggs Farmers of Ontario

905-858-9790

2014 New Entrant Quota Loan Pool Fact Sheet

What?

The New Entrant Quota Loan Pool (NEQLP) is a program for new entrants to the Ontario egg industry introduced in March 2011 by Egg Farmers of Ontario (EFO).

Why?

To provide the opportunity for individuals to join the Ontario egg industry and make it easier for them to do so.

When?

Applications will be accepted immediately from April 1, 2014 until May 30, 2014.

How does it work?

The NEQLP is designed to encourage new farmers into the Ontario egg farming business. Each year, up to 10,000 units of quota will be loaned to the successful applicant(s). The quota will be loaned based on a 1:2 ratio (1 unit purchased, 2 loaned). After 10 years, the loaned quota will be returned to EFO in 10 annual installments (10% each) and will be loaned to future participants in the program.

Who’s eligible?

In order to be considered for EFO’s NEQLP, an applicant must:

• Be a Canadian citizen or landed immigrant;
• Be a permanent resident of Ontario;
• Not hold quota of any type in the supply-managed sector (egg, pullet, chicken, turkey, dairy, or hatching eggs);
• Not have held quota, currently or in the past, of any type in the supply-managed sector;
• Priority will be given to persons between the ages of 18 and 45.

How to apply?

Interested individuals must complete and submit an application form.

How are recipients chosen?

Eligible applications will be reviewed by an selection committee comprised of respected and knowledgeable industry representatives with EFO acting as a resource to them. The selection committee’s recommendation will be presented to EFO’s Board of Directors for final decision. All applicants will be notified of the outcome. Applications not accepted become null and void and applicants must re-apply to be considered in future years.

How does recipient obtain loaned quota?

Once chosen, EFO will prepare a Memorandum of Understanding (MOU) for the successful applicant(s) to sign. The MOU will outline the conditions for obtaining the loaned quota. Successful applicants must complete and file with EFO all documentation required of a buyer as set out in the Quota Transfer System (QTS), EFO Policies, Programs and Procedures 2014 as may be amended from time to time.  Upon execution of the MOU and Agreement to Purchase, EFO will loan (based on 1:2 ratio) and allocate quota to recipient. Production must begin within 18 months of being selected.

Deadline

Applications may be submitted beginning April 1, 2014 up to and including May 30, 2014.