An Initiative of

Medical student lines of credit

Stage(s)

Update on ongoing Ontario IMG eligibility court proceedings

On February 10, 2026, the Ontario Superior Court of Justice determined the next steps in the ongoing court proceedings regarding the province of Ontario’s international medical

April 10, 2026

Ontario IMG eligibility policy rescinded

On March 23, 2026, the Government of Ontario rescinded its previous policy direction requiring international medical graduates (IMGs) to have completed two years of

August 30, 2026

Many Canadian banks have specialized medical student line of credit products with substantially higher limits than ordinary student line of credits.

Before signing a medical student LOC, compare:

Maximum credit limit
Interest rate
Prime +/− spread
Interest-only period
When repayment begins
Whether interest accrues during residency
Fees
Co-signer requirements
Credit limit increases
Residency transition terms
Professional banking benefits
What happens if you change programs or leave medicine

Refer to the Government of Canada’s student lines of credit guide for more information.

R1 Match – Virtual Interviews

The AFMC Board has confirmed that, going forward, interviews for the R1 Match shall continue in the virtual format. This is in keeping with

August 27, 2025

Help shape national resources for medical learners: AFMC is seeking volunteers for the inaugural MEDPREPP Learner Advisory Group

Are you a medical student or resident who is passionate about improving the resources available to medical learners in Canada? Consider joining AFMC in