PICS – Foreign Credential Recognition Program Expanding to Serve Accounting, Law and Other Sectors

Posted On: November 26, 2019

FCR Loans PICS – Foreign Credential Recognition Program Expanding to Serve Accounting, Law and Other Sectors

PICS – Foreign Credential Recognition Program Expanding to Serve Accounting, Law and Other Sectors

PICS Surrey, Nov 22 – We are pleased to announce that Foreign Credential Recognition (FCR) Program is expanding its scope to support more Internationally Trained Professionals (ITPs) by starting to accept clients from Accounting, Law and Other sectors, in addition to the existing sectors of Health, Education and Technology.  The Program has also changed its loan program to provide multiple loans up to $15,000, to cover the cost of credentialing and other career needs of ITP’s to assist them in getting back to their original profession in Canada. “I am delighted to see that PICS continues to look for opportunities to assist more newcomer professionals transitioning into their profession of choice,” said Satbir Cheema, CEO of PICS.

The Foreign Credential Recognition Loan Program helps ITPs, who are Permanent Resident, Canadian citizen or Refugee with legal documents representing working status in BC. The FCR Program helps ITPs to complete their credentialing process, to get employed in their professional field or alternative related career field in the Health, Education, Technology, Accounting, Law and Other Sectors. The Program provides multiple loans with a flexible repayment schedule. “The expansion of FCR program is good news for Internationally Trained Accountants and Lawyers because they are now able to benefit from the program.” Said Raj Brar, Manager FCR Program.

The FCR program also supports clients with resumes, employment coaching, community networking events, job fairs and other opportunities and information that assists our ITP’s getting back into their profession of choice in Canada.

If you would like more information about the program, please call Raj Brar at 604-596-7722×153 or email

This project is funded in part by the Government of Canada`s Foreign Credential Recognition Program.


What Is The FCR Program?

The Foreign Credential Recognition (FCR) loans program is funded in part by the Federal Government of Canada to help skilled newcomers to get back into their professional field or an alternative related career field.

FCR is a process to verify that your education and work experience, obtained in another country, is equivalent to the standards established by the Canadian workforce.

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Who Is Eligible?

Skilled Newcomers who meet the following requirements:

  • Permanent Resident, Canadian Citizen Temporary Resident, or Refugee with legal document representing working status in BC
  • Proof of education credential and work experience outside of Canada
  • Seeking to get credentials recognized in Canada and/or undertaking training for an Alternative Career
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FCR Loan Program Features

  • Loans can be used for credential evaluation, association & exam fees, books & course materials, short-term bridge training, and travel expense/living allowance
  • Multiple Loan amounts from $1000 – $30,000
  • Flexible repayment from one to five years
  • Competitive low-interest rate.
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FCR Loan Program Benefits

  • Different from banks, credit unions, and student loans; the FCR loan program focus on processing the application based on character assessment
  • If you are a skilled newcomer who just arrived in Canada with no credit history, the FCR loan program can help you if you need financial support to get back to your own profession or an alternative related career field.
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