The Canada Apprentice Loan initiative is now accepting applications.
The initiative is designed to assist apprentices in Red Seal trades in completing their training through access to interest-free loans. Apprentices registered in a Red Seal trade apprenticeship can apply for loans of up to $4,000 per period of technical training.
The loans are interest-free until the apprentices either complete their program or leave their apprenticeship training program, up to a maximum of six years.
canada.ca/apprentice
Source:
http://www.mechanicalbusiness.com/news/apprentice-loan-open-for-business
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