OTTAWA–The federal Conservative government is setting up a new $350 million Canada Student Grant Program to replace the Millennium Scholarships established by the Liberals nearly a decade ago.
Prime Minister Stephen Harper’s government argues that its new system will be friendlier to students and more respectful of provinces’ constitutional power over education.
The government estimates that almost 250,000 students will be able to take advantage of the new grant program in 2009-10 – more than 100,000 more students than are now helped by the Millennium Scholarships.
“We must ensure that the next generation of Canadians has the opportunity to excel in this increasingly competitive world,” states the text of Finance Minister Jim Flaherty’s budget speech.
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