Why is a Deposit Agreement required?

If your Application for Nomination is approved by Manitoba, you will be required to make a CDN $75,000 deposit to the Government of Manitoba, guaranteeing that you will live in Manitoba and start or purchase a farm business in Manitoba. The deposit will be refunded to you when the investment described in your Deposit Agreement is made, your business is operational and you are living in Manitoba. The Deposit Agreement ensures that the applicant understands the commitment to Manitoba.