The District of Muskoka has given Muskoka Tourism Marketing Agency a $50,000 dollar loan to help repay funding that is owed to the federal government. Samantha Hastings, Commissioner of Planning and Economic Development has more…
Hastings says it’s a onetime loan that will be paid over a five year period. The interest rate is 4%. Muskoka Tourism Marketing Agency is required to make payments of $10-thousand dollars plus the accrued interest each year.