Signing and approval authority for an immigration loan

For the purposes of the Immigration Loans Program (ILP), only people with designated authority can issue loans. See Immigration Legislation (IL) manual chapter 3, Designation of officers and delegation of authority for current authority.

By authorizing a loan agreement, the designated officer certifies the following:

• In accordance with section 34 of the Financial Administration Act, the approved loan is legally chargeable against the account.
• All relevant statutes, regulations, orders-in-council, and Treasury Board and departmental directives have been complied with.
• The loan recipient is of the legal age of majority (18 years or older).

When signed by the loan applicant in the presence of a designated officer, the forms are considered legal documents.

More procedures for all loans

• Eligibility for an immigration loan
• Determining the need for and assessing the ability to repay an immigration loan
• Counselling immigration loan applicants
• Payment and collection of immigration loans