The Canada Apprentice Loan
One of the signature pieces in last week’s budget was the Canada Apprentice Loan (CAL). Very few details were given out at the time (see p. 70 in the budget, here), but what details did emerge suggest two things to me: first, that the idea went into the budget less-than-fully-baked; and second, that it could turn out to be a fairly significant political mess. The proof of this being less-than-fully-baked is the lack of detail surrounding the idea. While the