LCU teams up with City to help bring in Doctors

New financial incentives in place to encourage doctors to set up a practice in Cold Lake

Lakeland Credit Union is proud to partner with the City of Cold Lake to offer specialized loans and financial products to Cold Lake’s new doctors! LCU has a long history of supporting healthcare within the Lakeland, from Hearts for Healthcare in Cold Lake, to the Bonnyville Health Foundation; among other initiatives.

The incentive offers a number of financial discounts, products and benefits for the new physicians in the effort to support their settlement in CL. The program welcomes physicians to the community and gives them the flexibility and freedom to use the funding where they need it, such as rent for clinic space or a house down payment.

Despite an overall increase in physicians in rural Alberta, the number of physicians in Cold Lake has not increased significantly in the last 10 years because new arrivals are offset by those who have left.