National

Students eager for financial assistance review

Darpan News Desk The Canadian Press, 10 Apr, 2023 09:33 AM

OTTAWA - This year's federal budget sets aside more than $800 million to expand loans and grants for the upcoming school year, but students are looking forward to permanent changes to financial assistance.

For the 2023-24 school year, the Liberals are planning to increase the maximum grants available to $4,200, up from $3,000.

The loan limit is also increasing $300 per week of study from $210.

Those changes are part of a set of affordability measures in the budget.

The government also promised to "work with students in the year ahead to develop a long-term approach to student financial assistance."

Mackenzy Metcalfe, executive director of the Canadian Alliance of Student Associations, says students need more support to keep up with the rising cost of living.

Prev Next

MORE National ARTICLES

What to know about Canada's electricity overhaul

That includes a new tax credit worth 15 per cent of investments made to build new renewable energy infrastructure, including wind and solar plants, nuclear reactors, emissions-trapping natural gas plants, new transmission lines between provinces and territories and stationary electricity storage, such as batteries.

What to know about Canada's electricity overhaul

Vancouver block shaken as stabbing court date set

The accused, Inderdeep Singh Gosal, was arrested at the scene moments later when bystanders flagged down a constable patrolling the area, police said. The 32-year-old has been charged with second-degree murder and a hearing has been scheduled in Vancouver provincial court on April 11.

Vancouver block shaken as stabbing court date set

Surrey RCMP need the public's help in identifying a suspect who broke into a Whalley construction site

The suspect was observed on CCTV and is described as a Caucasian male wearing a black hoody with white designs, a blue jacket, dark pants, Nike runners and a black baseball cap.

Surrey RCMP need the public's help in identifying a suspect who broke into a Whalley construction site

Clock ticking as pharmacare left out of budget

The confidence-and-supply agreement requires the government to table legislation on pharmacare by the end of the calendar year in exchange for the NDP's support on key votes in the House of Commons.

Clock ticking as pharmacare left out of budget

Lululemon reports Q4 revenue up 30%, shares soar

Lululemon, which keeps its books in U.S. dollars, reported after the close of markets Tuesday that it earned net income of US$119.8 million or 94 cents per diluted share for the quarter ended Jan. 29 as it recorded post-tax impairment and other charges related to its Mirror business totalling US$442.7 million.

Lululemon reports Q4 revenue up 30%, shares soar

B.C. increases pay for foster families

Mitzi Dean, the child and family development minister, says families fostering kids 11 and under will see their payments increase by $450 a month to $1,465 per child, while caregivers for those 12 to 19 will see a $531 monthly increase to $1,655 per child.