You may be able to get a loan of up to 80% of the value of your renovation or building when you buy or develop your tourism business (excluding bed and breakfast operations). Your business needs to:
- Have a valid tourism establishment license
- Have at least three lodging units
- Earn at least a 2½-star rating once the project is finished
You have a maximum of 20 years to repay the loan. You can also get up to 100% financing for pre-season preparation of your facility.
Other conditions may apply.
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