COMPUTER PURCHASE PROGRAM. 43.1 Members of the Staff Association, who have been employed by Brescia for a minimum of two years in a full-time or part-time position, will be eligible for an interest free loan of up to $3,000 for the purchase of computer equipment. The loan will be repayable over 24 months, in equal installments by payroll deduction during each pay period. Staff must sign an agreement guaranteeing payment of any outstanding balance should they leave Brescia before repayment of the loan in full. This interest free loan will be considered a taxable benefit by Canada Revenue Agency. The application for a computer loan is available on the Brescia Intranet in ITS (Computer Purchase Agreement).
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Sources: Employment Agreement, Terms and Conditions of Employment