B.C. COVID-19 Recovery Benefit & COVID Resources

Posted On: December 11, 2020

FCR Loans B.C. COVID-19 Recovery Benefit & COVID Resources

B.C. COVID-19 Recovery Benefit:

The B.C. Recovery Benefit is a one –time direct deposit payment for eligible families, single parents, or individuals. Benefit eligibility is based on net income from your 2019 tax return. You must apply to receive the benefit. Applications open December 18th. $1,000 for families with a net income up to

$125,000 and $500 for individuals. Find more information here:



Online applications open Dec. 18 and, starting Dec. 21, phone-based support will be available at 1-833- 882-0020 toll-free, Monday-Friday, 7:30 a.m.-5:00 p.m.


COVID Resources:

  • For medical info, visit covid-19.bccdc.ca or call 811
  • For financial supports for people and businesses, more info here by typing in the following URL (https://www2.gov.bc.ca/gov/content/safety/emergency-preparedness-response-recovery/covid- 19-provincial-support/financial- benefits?bcgovtm=20200506_GCPE_AM_COVID_9_NOTIFICATION_BCGOV_BCGOV_EN

_BC NOTIFICATION#individuals)


COVID 19 B.C. Guidelines Overview

With B.C. being in the middle of the second wave, the Provincial Health Officer recently released new orders that must be followed by everybody.


https://www2.gov.bc.ca/gov/content/safety/emergency-preparedness-response-recovery/covid-19- provincial-support/restrictions


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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