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What happens if I sell a capital asset purchased with True North Sustainable Food Fund program funding?

Written by CFIN Staff

If you sell or dispose of a capital asset before March 31, 2028, you must first receive written approval from CFIN.

If CFIN approves the sale or disposal, CFIN may require you to return part of the proceeds.

The repayment amount is based on:

  • The asset’s fair market value at the time of disposal

  • The percentage of the original asset cost funded by True North

CFIN determines the repayment amount during the approval process.

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