Agreement between WE and federal government set aside only $500 million for student grants: documents

Article Link: https://www.cbc.ca/news/politics/we-charity-student-grants-trudeau-covid-pandemic-1.5664391

Discussion posted by: David McNamara

Documents shared with the Commons finance committee today suggest that although the Canada Student Service Grant program was allocated a $900 million budget, officials had drawn up a plan with the WE Charity Foundation to spend only a portion of that amount. According to the text of the contribution agreement signed June 23 between Youth Minister Bardish Chagger’s office and the WE Charity Foundation, up to $500 million could have paid out in the form of grants to students across three cohorts of potential volunteers, while $43.53 million would have been allocated to the WE Charity Foundation for administering the program. Up to $8.75 million of that $43.53 million was eligible to be shared among the partnering charities and non-profit organizations that supervised the volunteers.