This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Federal Budget: Indspire Receives $10 Million For Bursaries And Scholarships For Indigenous Students

TORONTO, March 22, 2013 /CNW/ - The Government of Canada's 2013 budget, presented in Parliament yesterday, contains great news for Indigenous youth across Canada.  The $10 million for Indspire's Building Brighter Futures program, announced by Finance Minister Jim Flaherty, will help thousands of students acquire the education and skills they need to participate in their communities and the Canadian economy.

Roberta L. Jamieson, President and CEO of Indspire, said "Education, skills training and viable careers are of great concern to Indigenous youth. This new investment in Indspire makes it clear that the prosperity of the country is inextricably tied to change for Indigenous education."

"Indspire has been very successful in developing funding partnerships with Canadian corporations, many of which operate in Indigenous communities." said Jamieson.  And, "With the federal government's commitment of $10 million and its endorsement of Indspire's plan to match the funding with investment from the private sector, we'll be able to provide a total of $20 million in new funding for students."

Building Brighter Futures: Bursaries and Scholarship Awards is Indspire's funding program to assist Indigenous students with their education needs.  To date, Building Brighter Futures has awarded more than $50 million in bursaries and scholarship awards to 14,000 First Nation, Inuit and Métis recipients across Canada.

In 2011-2012, Indspire's Building Brighter Futures program provided a record $6,205,100 to 2,220 individual recipients.  Of this amount, the Government of Canada contributed just over $3.8 million.  Jamieson said, "The needs of students are great. In 2011-2012 we met roughly 20% of the identified need from applicants to the program. This sizeable investment from the federal government is a big step in the right direction."

The budget document also acknowledged Indspire's effectiveness, noting, "Indspire, led by Roberta Jamieson, has a proven track record of success, providing scholarships to over 2,200 Aboriginal students annually and raising significant support from a range of corporate donors to help support student success."

About Indspire

Indspire is the former National Aboriginal Achievement Foundation. Its new name combines the key notions of Indigenous and inspiration to highlight its exciting mandate. Indspire is best-known for its many programs that help Indigenous youth succeed. In addition to bursaries and scholarships, Indspire offers career conferences for youth, interactive classroom learning modules, the Indspire Institute and the Indspire Awards. Indspire's focus is on supporting, innovating, and fundamentally transforming Indigenous education. To date, Indspire has provided more than $50M in funding through its Building Brighter Futures: Bursaries and Scholarship Awards.  In 2011-2012, the program provided a record $6,205,100 to 2,220 individual recipients.

SOURCE National Aboriginal Achievement Foundation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs