In Economic Action Plan 2011, the Harper Government announced that it would invest an estimated $9 million per year to forgive a portion of Canada Student Loans for family doctors, nurses and nurse practitioners who work in under-served rural or remote communities. Economic Action Plan 2012 further clarified that the incentive also applies to residents in family medicine.To apply for loan forgiveness, family doctors, nurses and nurse practitioners must have been employed (whether full-time, part-time or casual) for 12 months in a designated rural or remote community and have provided in-person services for a minimum of 400 hours in that community. Residents in family medicine must have provided a minimum of 400 hours, or 50 days, of in-person service to be eligible.
Student Loan Forgiveness Applications Now Being Accepted From Family Doctors And Nurses Working In Rural Communities
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.