ARCHIVED - Human Resources and Social Development Canada

The endowment is managed in accordance with the Funding Agreement between the Foundation and the Government of Canada, as represented by the Ministers of Finance and Human Resources and Social Development.

The objective of the foundation is to increase access to post-secondary education so that Canadians can acquire the skills needed to participate in a changing economy and society by granting scholarships to students who are in financial need and who demonstrate merit.

Enhanced Canadian productivity and participation through efficient and inclusive labour markets, competitive workplaces and access to learning.

• Approximately 100,000 students with demonstrated financial need benefit from millennium bursaries annually through loan remissions or award bursaries averaging $3,000.
• Approximately 21,000 additional students from low-income families who have demonstrated financial need benefit from millennium access bursaries annually (beginning in 2005-2006) with award bursaries averaging $2,000.
• Distribute annual millennium entrance awards to over 1,800 post-secondary students and in-course excellence awards to up to 1,200 post-secondary students, valued at $4,000 or $5,000 depending on the type of award, to students who demonstrate exceptional merit and community service.

Nothing planned for reference period

The Foundation's annual audit will be conducted in the first quarter, and program reviews and audits of granting processes will be conducted in three provinces.

To promote and support evidence-based decision making in all areas of lifelong learning by informing Canadians regularly on Canada's progress on learning outcomes, and promoting knowledge and information exchange among learning partners.

• Policies and programs that meet the human capital and social development needs of Canadians.

• Canadian Council on Learning will improve knowledge and information on lifelong learning by focusing on the thematic areas of: Aboriginal Learning, Adult Learning, Early Childhood Learning; Health and Learning; and Work and Learning.
• Report to Canadians on the state of learning in Canada including releasing reports for each Knowledge Centre theme and post-secondary education, as well as a pan-Canadian Composite Learning Index to provide a quantitative measure of learning.
• Increase knowledge and information on learning through sponsored research, workshops and roundtables, and the development of an on-line Journal of Applied Research on Learning.
• Disseminate and exchange knowledge and exemplary practices on a pan-Canadian basis through thematic reports, conferences, regular newsletters and the development of a virtual library.
• Improve availability of learning data through collection of data relevant to learning themes and catalogue of provincial and territorial datasets.

Third Party summative evaluation will be completed by March 31, 2008.

Nothing planned for reference period