Foreign Credential Recognition (FCR) Loans Pilot Project
Launched in 2012 by then Human Resources and Skills Development Canada, the FCR Loans Pilot Project targets internationally-trained workers who are unable to or experience difficulty in accessing traditional lending sources mainly through financial institutions.
The project took place in 9 sites across Canada wherein 11 microloan program models were piloted. SRDC designed and implemented a research framework seeking to:
(1) draw lessons learned from the diversity of models tested and the contexts in which they are tested;
(2) determine whether the microloan programs have the desired effect and under what conditions;
(3) conduct a costs analysis of the FCR Loans Pilot Project; and
(4) explore whether the microloan models can be sustained in the longer term.
Project Details
Published: February 2022
Capability: Program Evaluation/ Performance Measurement
Policy Area: Community Capacity, Employment, Newcomers Labour Market Integration
Population: Newcomers
Other Related Projects
Strategic Evaluation and Learning Support for the Future Skills Centre 2025
Since 2020, the Future Skills Centre (FSC) has supported the development, refinement, or expansion of approaches to developing skills for workers from a variety…
Read More
Expanding Apprenticeship Success Through Improved and Enhanced System of Technology (EAST Project)
SkillPlan, BC Construction Industry Skills Improvement Council, in partnership with Canada’s Building Trades Unions (CBTU), Provincial Building Trades Councils (PBTC), U7 SOLUTIONS, British Columbia…
Read More
We Are Here to Help You: Testing a Proactive Outreach Approach to Settlement Service Delivery
Settling in a new country often involves adapting to a new language and culture, navigating new systems, finding housing and employment, and establishing social…
Read More
