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Diligent Ottawa millennials have $17,000 saved in accounts and envelopes – including a Ferrari fund

The Globe and Mail Anna Sharratt Published April 7, 2021 Story continues below advertisement Where they live: Ottawa Top financial concern: “We just doubled our mortgage payments .. We are aiming to be debt-free.” “There’s an old story about a guy taking a smoke break with his non-smoking friend,” says Will, an Ottawa-based military officer. “He tells the guy that if he didn’t smoke, he could invest that money and have a Ferrari when he retires.” Though neither is a smoker, it’s a story Will and his wife Jenn have taken to heart. “We put $144 aside a month – the equivalent of 14 packs of cigarettes,” he says, in a “Ferrari” fund. “When we retire we will have enough money for a Ferrari.”

Ford wants to restore the Student Choice Initiative during a pandemic It s a low blow

The Student Choice Initiative (SCI) had devastating consequences for students and student clubs when it was implemented in 2019. Bringing it back now in the midst of a pandemic will only harm students more. Queen’s University is one of five universities intervening in the Ford administration’s appeal, scheduled for March 23-24, to bring back the SCI. Considering it failed to act against the initiative’s initial implementation in 2019, Queen’s acting now no matter how small is a positive thing. The SCI was first initiated as a trial-run of sorts, aiming to save students money by allowing them to opt-out of student fees previously deemed mandatory. Yet this only served to negatively impact student clubs and organizations relying on those fees and to justify cuts to the Ontario Student Assistance Program (OSAP).

Indigenous Institutes Eligible For OSAP

Ontario’s Student Assistance Program is expanding. For the first time, students enrolled in eligible programs at Indigenous Institutes like the Treaty Three area’s Seven Generation Education Institute can now apply for funding. Until now, students could only receive OSAP funding if their program was delivered in partnership with an Ontario college or university. The change also allows Indigenous Institutes to offer their own OSAP-supported programs with approval from Indigenous Advanced Education and Skills Council. ); } return false; }); $( #comments .commentlist .comment-content a ).attr( target , blank ); }); ON AIR NOW2:00 PM - 9:00 PMJake on the Lake

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