Multi Crew License. Otherwise known as the Microsoft Crew License
You get 60 or so hours in a light plane all dual and then 250 ish hours in a Jet Airliner Sim. You have to be sponsored by an airline and you will use their SOP's from day one.
When you graduate you will not legally be allowed to fly a Cessna 150 solo but you be able to go straight on to the line as an Airbus or Boeing FO.
The reason it is unlikely to happen in Canada is that the program has to be sponsored by the airline which means a fair amount of effort and some cost to the airline. Why would any Canadian airline bother when there is still a big pool of pilots with actual flying experience available.
The closest any 705 operator in Canada has come to this is JAZZ. They are taking some 250 hrs guys/gals straight our of a few college programs. Folks in the know tell me that this program will stay limited as the guys need much more extra training before they can be released on to the line.