CENTRAL NOVA REPORT BY PETER MACKAY
We all want Canada’s students to succeed in the global economy with the help of the best education possible.
Our federal Conservative government recognizes accessibility and affordability of post-secondary education and building a highly skilled workforce are essential to ensuring future opportunities for young Canadians and our country’s prosperity.
That’s why since 2006, our federal government's actions have provided much needed support for students, including:
– investing more than $10 billion annually in students and education;
– investing more than $3 billion per year in grants, scholarships and loans;
– increasing the low and middle income thresholds for Canada Student Grants and part-time Canada Student Loans to allow more students to qualify for assistance;
– creating tax credits for textbooks and certification fees;
– establishing the Apprenticeship Job Creation Tax Credit;
– doubling the In-Study Income Exemption;
– enhancing loan repayment plans to help make it easier for students when they finish school;
– and student loan forgiveness for doctors and nurses working in rural and remote areas.
In the 2011-2012 school year, approximately 450,000 post-secondary students received $2.4 billion in Canada Student Loans and more than 335,000 students received $647 million in Canada Student Grants.
For more information on Canada Student Loans and Grants please visit CanLearn.ca.
Federal transfers to Nova Scotia for services like education are at an all time high.
As well, our government has increased the annual budget for student summer job placements, helping youth who are eager to develop their skills, build their resume, and connect with job opportunities.
Through these initiatives and others, our federal Conservative government is helping Canada’s students now and for the future. It is more important than ever that our students participate and succeed in the job market. The benefits are felt by students, employers, the community, and the local economy of Central Nova.
Peter MacKay is MP for Central Nova and federal Justice Minister.