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The Alberta Centennial Education Savings (ACES) grant was introduced in 2005 by the Alberta government to encourage families to begin planning and saving for their children's post-secondary education. The government of Alberta contributes $500 to an RESP for babies born to or adopted by Alberta residents on or after January 1, 2005.
The Canada Education Savings Grant program was announced in the 1998 Canadian federal budget tabled on 24 February 1998 by Finance Minister Paul Martin. The program was retroactively started on 1 January 1998 and placed under the administration of Human Resources Development Canada .
Less than five percent of eligible children received the grant over the program's first two and a half years (i.e., 19,259 out of 422,048). [3] In addition, the federal government distributed $12 million rather than the $192.5 million budgeted for the same time period. [ 3 ]
The Canada Education Savings Act (French: Loi canadienne sur l’épargne-études, CESA) is an Act of the Parliament of Canada. It is intended to provide financial assistance for post-secondary education savings. The first version of the law was assented to on 15 December 2004. Most sections of the act entered into force on 1 July 2005. [1]
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For students outside urban centres, Saskatchewan offered online education through Campus Saskatchewan. It was a partnership, directed and managed by members, to support them in developing and advancing inter-institutional initiatives to achieve shared goals and priorities for the use of technology enhanced learning.
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The Canada Disability Savings Grant matches personal contributions. The Canada Disability Savings Bond provides funding to RDSPs of people with low and moderate incomes. [1] [2] The RDSP is similar to a registered education savings plan. A person who establishes an RDSP can make contributions to the plan up to a lifetime limit of $200,000 for ...