The Canadian Government has announced the creation of the Canada Apprentice Loan (CAL) as an expansion of the Canada Student Loans Program (CSLP). The purpose of CAL is to provide apprentices registered in Red Seal trades with interest-free loans to assist with the costs of technical training.
Starting in January 2015, Apprentices registered in a Red Seal trade apprenticeship program who meet the eligibility requirements for CAL may receive:
- Up to $4,000 in loans per period of technical training;
- Up to 5 funded periods of technical training; and,
- Up to 6 years of interest-free status.
This applies to all levels of our Construction Electrician program. Contact our Trades Advisor, Dilys, for more information: 604-552-9711 extension 333.
