Ontario is making college and university more accessible and affordable for low- and middle-income students and their families through the new Ontario Student Grant.
The non-repayable Ontario Student Grant will start in the 2017-18 academic year.
Making Tuition More Affordable
“The OSG will make average college or university tuition free for students with financial need from families with incomes of $50,000 or less, and will make tuition more affordable for middle-class families.
Under the new OSG:
Students from families with incomes under $50,000 will have no provincial student debt.
More than 50 per cent of students from families with incomes of $83,000 or less will receive non-repayable grants that will exceed average college or university tuition.
All students will be the same or better off as under the Ontario Tuition Grant.
Ninety per cent of dependent college students and 70 per cent of dependent university students from families with incomes under $50,000 will receive grants greater than their average cost of tuition.
In addition, the Province will:
Increase access to interest-free and low-cost loans for middle- and upper-income families.
Expand financial support for mature and married students.
Raise the Ontario weekly assistance maximum levels for individuals and married and sole-support parents.”
Ontario is making college and university more accessible and affordable for low- and middle-income students and their families through the single-largest modernization ever of the Ontario Student Assistance Program (OSAP).
Premier Kathleen Wynne was at Jarvis Collegiate in Toronto today to present details about the new Ontario Student Grant, which was announced in the 2016 Budget. Under the new grant program, the government will replace a number of existing provincial assistance programs with a single, targeted, non-repayable Ontario Student Grant starting in the 2017-18 academic year. The changes to OSAP will make average tuition free for more than 150,000 eligible low- and middle-income students, and will reduce the cost for many more by:
Providing the majority of eligible students whose parents earn the median annual income of $83,300 or less with enough in grants to more than cover their tuition costs
Eliminating provincial student loan debt for eligible students whose parents earn less than $50,000
Ensuring that no eligible student receives less non-repayable aid through the new grant than they currently do through the 30% Off Ontario Tuition Grant.
The following video presents Ontario Business Mission to India:
Ontario Premier Kathleen Wynne recently concluded her trade mission (February 1 – 5, 2016) in India.
Premier Wynne signed Memoranda of Understanding (MOUs) with five Indian states during the mission. These agreements will make it easier for the regions to work together in areas of mutual interest.
Ontario has International Trade and Investment Offices in Mumbai and New Delhi that can help Indian companies do business in Ontario and provide information to Ontario businesses about opportunities in India.
The following new agreements signed on October 31, 2014, as part of Premier Kathleen Wynne’s mission to China will bring 850 new jobs to Ontario communities:
Yiwu North America Corporation announced a $100-million investment to establish a new trading centre in Whitchurch-Stouffville.
The centre will serve as a hub for international manufacturers and distributors to market their products in North America.
The first phase of the project is expected to create 800 jobs.
Respon International, in a joint venture with Love & Health Venture Capital, will develop the Respon Financial Plaza and offer financial management and services in Canada.
The company will invest $9 million and create 50 new jobs.
Tourism Toronto signed an agreement with Perfect China to hold its annual convention in the city in 2016.
Perfect China markets health food, household and beauty products internationally.
The value of this opportunity is $25 million and will bring 5,000 Chinese visitors to Toronto.
New deals announced on November 1, the final day of the mission, included:
Huawei, one of the world’s leading telecommunications technology companies. Huawei’s Canadian headquarters is in Markham.
The company is planning a major expansion in Ontario valued at up to $210 million over the next five years.
The investment will create up to 325 new jobs in Ontario, including approximately 250 positions for engineers and researchers and at least 75 new marketing, sales and support positions.
Ontario delegates signed 26 agreements during the week-long mission.
This mission builds on Minister of Research and Innovation Reza Moridi’s science and technology mission to China in March 2014, which resulted in 12 new collaboration projects between Ontario and Chinese research institutions and industry partners.
Ontario attracted a total of $966 million in new investment by Chinese companies during Premier Kathleen Wynne’s mission to China. These projects will create 1,800 jobs in communities across the province.
This video presents Chinese telecom giant to invest $210M in Ontario, creating 325 jobs.
Nov 1, 2014
“BEIJING—Premier Kathleen Wynne is concluding her trade mission to China with a bang after telecom giant Huawei announced it will invest $210 million to create 325 jobs in Ontario over the next five years.”
Premier’s China Trade Mission Helps Ontario Businesses Grow
Ontario Secures Almost $1 Billion in New Investments to Create More Than 1,800 Jobs
Ontario attracted $966 million in new investment by Chinese companies during Premier Kathleen Wynne’s mission to China. These projects will create 1,800 jobs in communities across the province.
This includes a new deal announced today, the final day of the mission, at the Beijing research and development centre of Huawei. One of the world’s leading telecommunications technology companies, Huawei’s Canadian headquarters is in Markham. The company is planning a major expansion in Ontario valued at up to $210 million over the next five years. The investment will create up to 325 new jobs in Ontario, including approximately 250 positions for engineers and researchers and at least 75 new marketing, sales and support positions. Continue reading “Ontario’s Total New Investments from China: Almost $1 Billion Will Create 1,800 Canadian Jobs”
Greenland Group, a global property development company based in Shanghai, will build a pair of residential towers in downtown Toronto. Construction on the $400-million project is scheduled to begin within six months and will create up to 200 jobs.
Shanghai Yuyuan Tourist Mart and Mennie Canada Ltd. will set up a joint venture in Toronto, investing $5 million in four Chinese restaurants over the next three years. This investment will create 80 jobs in several locations in Ontario, including Toronto, Markham and Niagara Falls.
ZTE Canada, a global telecommunications equipment company, plans to invest $17 million over the next three years in an Ottawa research and development centre. This is expected to create 40 new jobs.
EHC Global and Shanghai Wei Long Enterprise will partner in the design, manufacture, sales and service of components for the global lift industry, which includes elevators and escalators. The value of the contract could reach $20 million over the next three years, and will create up to 20 new jobs.
Ontario and the Science and Technology Commission of Shanghai Municipality signed a Memorandum of Understanding to promote increased R&D and commercialization partnerships.
In total, Ontario secured about $572 million investment projects from China to create up to 570 Canadian jobs.
Ontario Secures More Investments in China
Projects Valued at About $442 Million Will Create up to 340 Jobs in Ontario
Therefore, poverty is a very important issue for all Canadians.
Put Food in the Budget is urging Canadians in Ontario, Canada, to help get poor people’s issues on the agenda in this election and beyond.
While politicians run for re-election, people are still walking to food banks …
“Leaders of Ontario’s major political parties are not talking about poverty during the election campaign, nor are they discussing meaningful increases to social assistance rates. What are they talking about?
Premier Kathleen Wynne’s proposed budget included just $30 a month more for people receiving Ontario Works benefits. That would raise the rate to $650 a month, still completely inadequate.
Tim Hudak has proposed a lifetime limit on Ontario Works payments a person could receive.
Andrea Horwath has made no comment on poverty or social assistance.
Our campaign to increase social assistance rates to levels that enable lives of health and dignity will therefore have to continue after the provincial election. We will need to continue working together to pressure whoever wins on June 12 to put food in the budget.
We’ve designed a poster for this election that you can download here. It illustrates how the leaders are focused on their own self-interest, ignoring Ontario residents who are poor and – among other indignities – must go to food banks.
We suggest printing the poster and doing the following:
Put the poster up in public in your community.
Plaster the poster to the windows and doors of local candidates’ campaign offices.
Print information about poverty and food banks in your community on the poster’s reverse side, and hand it out at all-candidates meetings.
At community all-candidates meetings, ask the candidates from all parties “How much money per month do you think a single person on social assistance needs to live a life of health and dignity – and what is your party’s position on raising social assistance to that level?”
“Virtually every Canadian trying to survive on minimum wage in any province – and the wages vary – lives below the poverty line. In Ontario … the push for a $14 minimum wage has spawned protests on the 14th of every month…..The minimum wage in Canada ranges from $9.95/hr in Alberta to $11/hr in Nunavut.”
Anna Maria Tremonti cbc.ca
“Five years after a global recession knocked the wind out of Canada’s labour market, throwing tens of thousands of workers onto the unemployment line and sidelining a generation of young workers, the compensation of Canada’s CEO elite continues to sail along.”
Hugh Mackenzie Canadian Centre for Policy Alternatives
“Young people used to make up the bulk of minimum wage workers, but the data show that by 2011, nearly 40 per cent were 25 or older.
Various social groups, unions and health-care professionals have been pressuring governments to raise the minimum wage to $14 an hour, noting it would mean a pre-tax difference of $650 a month to thousands of the lowest-paid workers in Ontario.
The Workers Action Centre in Toronto, one of the groups fighting for a $14 minimum wage, is pleased to see increases tied to inflation, but warns it’s not enough.
“A full-time minimum wage earner falls 25 per cent below the poverty line, and we need much more than a cost-of-living increase to address this shortfall,” said spokeswoman Deena Ladd.”
Keith Leslie, The Canadian Press CityNews Toronto
It is announced today that Ontario is increasing the minimum wage from $10.25 to $11 per hour on June 1, 2014.
This new rate reflects the rise in the Consumer Price Index (CPI) since the last minimum wage increase in 2010.
Consumer Price Index is a key indicator of how the economy is doing.
This CTV News video from The Globe & Mail presents “Ontario government raising the minimum wage to $11.”