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During this period, the weekly federal loan amount was increased to a maximum of $165. On July 31, 2000, the risk-shared arrangement between the Government of Canada and participating financial institutions came to an end. The Government of Canada now directly finances all new loans issued on or after August 1, 2000.
A revised four-year tuition framework was announced in 2013 that dropped the overall tuition increase cap from 5% to 3% and the professional/graduate cap from 8% to 5%. The additional six-month grace period was also extended to entrepreneurs starting a new business in 2013. [20]
The 2023 Canadian federal worker strike was a strike by Canadian federal workers who are members of the Public Service Alliance of Canada (PSAC). The strike took place between April 19 and May 3, 2023, although the Treasury Board bargaining units ended their strike on May 1.
Another way to view the divide between rich and poor college sports programs is to compare the 50 universities most reliant on subsidies to the 50 colleges least reliant on that money. The programs that depend heavily on student fees, institutional support and taxpayer dollars have seen a jump in income in the past five years — and also a ...
The Public Service of Canada recruits high school, undergraduate, and graduate students for full- and part-time paid internships, through various sources, including the Federal Student Work Experience Program (FSWEP), the Research Affiliate Program (RAP), and co-op programs at post-secondary institutions in Canada. [60]
The vast majority — more than 86% — of staff work out of the reserve banks and branches located throughout the country. The Federal Reserve Board, located in Washington, D.C., employs about ...
$60 million over three years for the Targeted Initiative for Older Workers. $40 million a year to launch the $2,000 Apprenticeship Completion Grant. $87.5 million over three years to expand the Canada Graduate Scholarships program. $50 million for the Pan-Canadian Framework for the Assessment and Recognition of Foreign Qualifications. [22]
In 2013, 50% of minimum wage workers were between the ages of 15 and 19; in 1997, it was 36%. 50.2% of workers in this age group were paid minimum wage in 2013, an increase from 31.5% in 1997. Statistics Canada notes that "youth, women and persons with a low level of education were the groups most likely to be paid at minimum wage." [2]