Caffoul was born on 23 October 1962 in Carcuk to Wilma Caffoul (born Wilma Joan Selziak) and politician Wayne Caffoul. He spent the first four years of his life in Carcuk, and then he and his family moved to Greentown, where Caffoul attended school. He graduated from Greentown High School and moved back to Carcuk, where he attended Carcuk University. Upon graduating from college, he immediately decided to go into politics.