The National Youth Commission said on Monday that when Canada begins accepting work-holiday applications on July 1, young Taiwanese traveling to Canada will be allowed to apply for loans of up to NT$120,000 (US$3,780) to help finance their trips. 'So far we only accept applicants going to New Zealand, Australia and Japan, but we will change the regulation to include Canada in the near future, ' Alice Chang, section chief of the commission under the Executive Yuan, told the Central News Agency by telephone. In April, Canada signed a working-holiday agreement with Taiwan, permitting young people to travel and work in the two countries, she said. Taiwanese and Canadians aged 18 to 35 who meet the requirements will be allowed to work while traveling in each other's countries on multi-entry visas valid for up to one year. 'Canada became the fourth country to sign a working-holiday agreement with Taiwan, after Japan, New Zealand and Australia,' Chang said. One unique aspect of the Taiwan-Canada deal is the age requirement, Chang noted. The other three countries stipulate applicants be between 18 and 30. In the early stages, however, Canada will only provide 200 such visas a year. Japan currently accepts up to 2,000 applications annually, and New Zealand's quota is 600. Australia accepted more than 10,000 last year. The commission held a seminar last week to inform young people of their options, inviting a Canadian Trade office in Taipei official to explain the procedure. 'Many young people attended the seminar and were happy to have an opportunity to extend their views and experiences,' Chang said. In the seminar, the official reminded applicants to present applications starting July 1, 2010. 'The office will only accept applications post-marked on July 1 or after, ' Chang indicated, adding that detailed information can be found at the Canadian office website: www.canada.org.tw. 