The most populous province in Canada with more than 40% of the country’s population is also gaining a good reputation for efficient governance. Recently, it came to light that Ontario province is outperforming all G7 members in real GDP growth with unemployment rate dropping to a 17-year low.
The students are rejoicing even more with the implementation of a more efficient OSAP (Ontario Student Assistance Program). The program is the main source of financial aid for post-secondary education in Toronto. Recently, it was announced that OSAP has been introduced online to enable students to monitor the estimated cost of each of the programs that are available or they have applied to. This would also easily enable them to calculate the approximate amount that will be covered by OSAP. The students who receive OSAP could easily benefit out of this by planning their budget to pay for their college or university education.
Due to the successful implementation of OSAP, more than one-third of all full-time college and university students in Ontario are receiving free tuition in the ongoing academic year. The online platform also includes a facility where students could check the estimated amount that will be covered by OSAP.
Ontario is currently well on its track to create fairness and opportunity during this period of rapid economic change. OSAP has enabled more than 400,000 Ontario students to enjoy generous grants and loans. Students could even choose to turn down the loan and opt for the grants, which need not be repaid. Another resourceful feature of OSAP is the fact that it does not consider the savings that have been put away over the years. OSAP has enabled more than 210,000 university and college students to receive free tuition for the first time. It even began accepting applications for the next year to let students leverage all the options that are available. OSAP also provides a benefit where students are not required to repay the OSAP loan, until they start earning $35,000 a year.
The minimum wages have been increased to $15 per hour by January 2019 under the Fair Workplaces, Better Jobs Act. The Act has also made employee scheduling fairer by weighing the amount of work done by a part-time employee and a full-time employee.