Ottawa Restructures Canadian Immigration Loans Program

The Canadian immigration department has announced changes to the Immigration Loans Program to help loan recipients, mainly refugees. The main change is that loan recipients will start repayments one year after arriving in Canada, instead of 30 days. New loans will be interest-free, and those with existing loans will not have further interest added. Finally, the repayment window has been extended by two years, which will lower monthly payments significantly.

https://www.canada.ca/en/immigration-refugees-citizenship/corporate/publications-manuals/operational-bulletins-manuals/service-delivery/immigration-loans-program.html