Effective January 2, 2015
The Canada Apprentice Loan offers interest-free loans to help registered apprentices with the cost of their training. Apprentices registered in a Red Seal trade apprenticeship can apply for interest-free loans of up to $4,000 per period of technical training. Interest charges and repayment of the Canada Apprentice Loan will not begin until after loan recipients complete or terminate their apprenticeship training program.
For more information visit canada.ca/apprentice and click on Canada Apprentice Loan to apply online through the Canada apprentice loan online service.