The Cadre + 10March 1998 9

We think that every Canadian who wants to learn should have the opportunity to do so

That’s what the proposed Canadian Opportunities Strategy \s all about. It expands access to knowledge and skills for all Canadians by:

Helping Manage Student Debt

* Tax relief for | million Canadians repaying their student loans that will allow students, like business, to benefit from investing in their future

* Improvements to the Canada Student Loans Program including interest relief

and a longer repayment period for about 100,000 graduates

Providing Financial Assistance to Students

* 100,000 Canada Millennium Scholarships to full and part-time students cach year over 10 years — worth an average of $3,000 per year

* Canada Study Grants worth up to $3,000 a year for 25,000 students with children or other dependants

Helping Canadians Upgrade Their Skills

* Tax free RRSP withdrawals for adults going back to school

* Tax relief for about 250,000 part-time students including 50,000 part-time students with children

Supporting Advanced Research and Graduate Students * More funding for Canada’s granting councils; more than $400 million in additional resources

Helping Families Save for Education * A new Canada Education Savings Grant that will directly enrich the contributions made to each registered education savings plan

Supporting Youth Employment * An Employment Insurance premium holiday for businesses that hire additional

young Canadians age 18-24 * Funding doubled for youth employment programs aimed at those who have dropped out of high school

We're investing in the future of Canada

lo get all the details visit the Department of Finance Website at:

http://www.fin.ge.ca aes Canada