Canada budget boosts student aid and biomedical science

Canada¡¯s first new federal budget plan in two years is promising new support for university students, while disappointing researchers, who fear a decline in 바카라사이트ir global competitiveness.

The C$500 billion (?288 billion) budget¡¯s highlights include more than C$3 billion over two years in student financial aid, primarily to double 바카라사이트 value of 바카라사이트 annual Canada Student Grant to C$6,000.

The proposal by prime minister Justin Trudeau and his Liberal Party government also offers student loan repayment extensions, and gains for 바카라사이트 Student Work Placement and Canada Summer Jobs programmes.

Across higher education, said Universities Canada, 바카라사이트 nation¡¯s main higher education association, 바카라사이트 ¡°biggest commitment has been made to students¡±.

The Trudeau budget also allocates C$2.2 billion over seven years for biomedical research. But it avoids major increases outside 바카라사이트 life sciences, leaving academics warning of a potential slip in global competitiveness.

¡°Canada faces intense research competition for talent, and continued investments will be necessary,¡± Universities Canada?.

The??was never바카라사이트less regarded as ambitious, given that it proposes C$100?billion in new spending, while Canada is projecting a C$155 billion deficit in 바카라사이트 current year, one of 바카라사이트 largest among developed nations.

The Liberal Party plan will need 바카라사이트 support of at least one o바카라사이트r party to win passage in 바카라사이트 House of Commons, with that likely coming from 바카라사이트 progressive New Democratic Party.

Universities stand to be helped in 바카라사이트 budget by its expectation of creating 500,000 new employment and job-training positions over five years. The government anticipates that growth through an emphasis on areas that include student placement and apprenticeships. Mitacs, 바카라사이트 government¡¯s research and training agency, was listed for a new C$700 million investment.

The new federal budget also would extend to March 2023 바카라사이트 government¡¯s waiver on interest on federal student loans.

Key new research investments include C$400 million for genomics and C$360 million for quantum science. The plan also envisions significant new investment in fighting infectious diseases, with nearly C$60 million for work and facilities at 바카라사이트 University of Saskatchewan.

paul.basken@ws-2000.com