Tuesday, May 02, 2006

Ahem.... You're welcome!

(from the Government of Canada's Proposed Budget 2006)
The elimination of the current $3,000 limit on the amount of scholarship, bursary and fellowship income a post-secondary student can receive without paying federal income tax.

posted by traxis @ 2:41 p.m.

2 Comments:

At 6:06 p.m., Blogger X said...

It's a shame they didn't do anything about actually lowering tuition rates.

 
At 5:53 p.m., Blogger traxis said...

Tuition rates are a provincial jurisdiction - the Liberals had promissed money to the Provinces in their version (the NDP version?) of the budget... there was no guarantee that this money would have actually been used for the entended purposes as the Provinces could have interefeered, or the institutions would have tried to broker deals with the provinces... At least here, the federal tax program is within their mandate

 

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