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The Canada Assistance Plan (CAP) (French: Régime d'assistance publique du Canada) was a financing program created in 1966 by the Pearson government.The CAP consisted of a cost-sharing arrangement between the federal government and provinces, territories and municipalities whereby the federal government would partially fund eligible social programs.
The Government of Canada also provides a Canada Learning Bond (CLB) to encourage low-income families to contribute to an RESP. Families with children born on or after January 1, 2004, and who receive the National Child Benefit, will receive an additional $500 CLB when they open an RESP and $100 for each year they remain eligible. [5]
In Canada, the entirety of the social provisions of government are called social programs (French: programmes sociaux), as opposed to social welfare in European/British parlance. Like in the United States, welfare in Canada colloquially refers to direct payments to low-income individuals only, and not to healthcare and education spending. [2]
It was made independent from the Canada Health and Social Transfer programme on April 1, 2004 to allow for greater accountability and transparency for federal health funding. In the 2017/18 fiscal year, the Canada Social Transfer was projected to be $13.7 billion. The Canada Social Transfer is legislated to grow at 3.0 per cent per year. [4]
Means testing is used to test for eligibility to Medicaid, Temporary Assistance for Needy Families, Section 8 housing, Supplemental Nutrition Assistance Program, Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal Work-Study Program, direct subsidized student loans, as well as the eligibility for relief for debtors who have sufficient financial means to pay a portion of ...
The 2004 Canadian federal election resulted in a Liberal minority government. The enhancement of the CESG were later incorporated in the Canada Education Savings Act which was adopted on 7 December 2004 by a large majority of 273 votes for (from both Liberal, Conservative and Bloc MPs) versus 19 against (the entire NDP caucus). [6]
The Harper government replaced the Liberal early education and child care plan with the Universal Canada Child Benefit (UCCB). This consisted of parents with young children receiving CA$100 a month, along with tax credits for private or profit care. A maximum of CA$250 million a year was set aside to create child care spaces all across Canada. [15]
The Government of Canada developed a formalized "risk-shared" agreement with several financial institutions, whereby the institution would assume responsibility for the possible risk of defaulted loans in return for a fixed payment from the Government which correlated with the amount of loans that were expected to be, or were, in default in ...