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  • Writer's pictureCalver Immigration Consulting Inc.

Changes to the Canadian Immigration Loans Program

What is the Canadian Immigration Loans Program?

The Immigration Loans Program provides financial assistance to eligible immigrants, in the form of a loan. A loan can be used to help cover the expenses associated with resettlement.

What were the requirements for the previous Immigration Loan Program?

The Canadian Immigration Loans Program previously required resettled immigrants to start repaying their loan 30 days after arriving in Canada. The repayment period spanned up to six years, depending on the loan amount. In addition, loans were interest-free for 1-3 years, depending on the size of the loan.

What has changed?

As of February 21st, 2018, immigrants are required to begin repayment 1 year after arrival in Canada. New loans are interest-free. In addition, further accumulation of interest on existing loans has been eliminated. The length of the loan repayment has also been extended by two years to reduce the size of monthly instalments.

What does this mean for immigrants?

These changes allow refugees more time to repay their loans. This means that immigrants can allocate more time to focus on improving their language skills and adapting to Canadian life, using settlement services.


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Our Services

Calver and Associates is a leading provider of Canadian Immigration services in Durham Region. We serve clients in Oshawa, Whitby, Ajax, and beyond. Our Registered Canadian Immigration Consultant has over 10 years of experience in Canadian Immigration law and over four years of experience serving those in the Oshawa area. 

We can provide assistance with applications for both temporary and permanent residency in Canada. We handle applications for study permits, permanent residency, family class sponsorship, visitor visas, work permits, and Canadian citizenship. We also handle criminal inadmissibility cases by developing remedies for refusal


71 Albert St. Suite 6

Oshawa, ON

L1H 4R1


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