Immigration and Refugee Protection Regulations (SOR/2002-227)

Regulations are current to 2013-04-29 and last amended on 2013-04-29. Previous Versions

Marginal note:Types of loans

289. The Minister may make loans to the following persons for the following purposes:

  • (a) to a foreign national referred to in Part 1 of the Act for the purpose of

    • (i) defraying the cost to the foreign national and their beneficiaries of transportation from their point of departure outside Canada to their point of destination in Canada, and related administrative charges,

    • (ii) assisting the foreign national and their beneficiaries to become established in Canada, or

    • (iii) defraying the fee, referred to in subsection 303(1), payable for the acquisition by the foreign national and their beneficiaries of permanent resident status;

  • (b) to a foreign national referred to in Part 2 of the Act for the purpose of

    • (i) defraying the cost to the foreign national and their beneficiaries of transportation from their point of departure outside Canada to their point of destination in Canada, and related administrative charges,

    • (ii) defraying the cost to the foreign national and their beneficiaries of transportation to attend any interview relating to their application, and related administrative charges,

    • (iii) defraying the cost to the foreign national and their beneficiaries of a medical examination under paragraph 16(2)(b) of the Act, and related costs and administrative charges, or

    • (iv) assisting the foreign national and their beneficiaries to become established in Canada; and

  • (c) to a permanent resident or a Canadian citizen for the purpose of

    • (i) defraying the cost to their beneficiaries of transportation from their point of departure outside Canada to their point of destination in Canada, and related administrative charges,

    • (ii) defraying the cost to their beneficiaries of a medical examination under paragraph 16(2)(b) of the Act, and related costs and administrative charges, if the beneficiaries are protected persons within the meaning of subsection 95(2) of the Act, or

    • (iii) defraying the fee, referred to in subsection 303(1), payable for the acquisition by their beneficiaries of permanent resident status.

  • SOR/2009-163, s. 11(F);
  • SOR/2012-154, s. 14.
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Marginal note:Maximum amount

  • 290. (1) The maximum amount of advances that may be made under subsection 88(1) of the Act is $110,000,000.

  • Marginal note:Total loans

    (2) The total amount of all loans made under this Part plus accrued interest on those loans shall not at any time exceed the maximum amount of advances prescribed by subsection (1).

Marginal note:Repayment

  • 291. (1) Subject to section 292, a loan made under section 289 becomes payable

    • (a) in the case of a loan for the purpose of defraying transportation costs, 30 days after the day on which the person for whose benefit the loan was made enters Canada; and

    • (b) in the case of a loan for any other purpose, 30 days after the day on which the loan was made.

  • Marginal note:Repayment terms

    (2) Subject to section 292, a loan made under section 289, together with all accrued interest, must be repaid in full, in consecutive monthly instalments, within

    • (a) 12 months after the day on which the loan becomes payable, if the amount of the loan is not more than $1,200;

    • (b) 24 months after the day on which the loan becomes payable, if the amount of the loan is more than $1,200 but not more than $2,400;

    • (c) 36 months after the day on which the loan becomes payable, if the amount of the loan is more than $2,400 but not more than $3,600;

    • (d) 48 months after the day on which the loan becomes payable, if the amount of the loan is more than $3,600 but not more than $4,800; and

    • (e) 72 months after the day on which the loan becomes payable, if the amount of the loan is more than $4,800.

  • SOR/2009-163, s. 12(F).
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