Canada announces $ 9 billion fund to help post-secondary students


The federal government is opening the Consolidated Revenue Fund to help post-secondary students. They launched the $ 9 billion Canada student emergency benefit.

It provides $ 1,250 per month to students from May to August, but payments could go up to $ 1,750 per month if the student provides care. It is also available for students who are employed but who earn $ 1,000 a month or less.

Student volunteers will be eligible for $ 1,000 to $ 5,000 through the Canada Student Services Grant.

Prime Minister Justin Trudeau has said payments will begin on May 1 through the Canada Revenue Agency.

In addition, the federal government will create 76,000 jobs for young people in addition to the Canada Summer Jobs program.

He says it could be work in contact tracing or in the agricultural sector or other fields.

There is also money to extend scholarships, bursaries and grants.


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