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Canada Asset Enhancement Loan Program Contract (International Foundation) - $27.99

Document Id : 4117

File Type : Microsoft Word

Draw up an Asset Enhancement Loan Program Contract with this downloadable template for a Canadian investment corporation.

  • The contract is between a lender and the investment corporation.
  • The lender loans funds to the corporation, to be used for the purchase of US Treasury Bill(s).
  • The treasury bills will be held in trust by a holding company, with interest being paid to the investment corporation.
  • Following the last interest payment on the loan, the principal amount of the loan will be paid in full.
The Canada Asset Enhancement Loan Program Contract is part of the documentation necessary to set up an international foundation under the provisions of the Income Tax Act (Canada) and Regulations.

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