Tuesday, February 8, 2011

The Smart Saver Program

While I no longer subscribe to the Globe, I periodically check its online content, and this morning I read about a program intended to help poor families with the costs of post-secondary education. As described in Margaret Wente's column, the "federal government will contribute $500 for a Canada Learning Bond for any child born since Jan. 1, 2004, who lives in a low-income family. It adds another $100 every year, to a maximum of $2,000, and matches any extra family contributions by as much as 40 per cent.

Despite my antipathy toward the Harper Government, I have to give them credit for thus far not eliminating this anti-poverty measure in the name of fiscal restraint.

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