Canada education loan system to manage scrutiny of auditor general

Canada education loan system to manage scrutiny of auditor general

Canada education loan system to manage scrutiny of auditor general

Canada’s auditor general is examining the way the federal government manages huge amounts of bucks when you look at the Canada figuratively speaking system, and whether or not it is assisting pupils be smarter about their economic choices, newly disclosed papers reveal.

The audit, anticipated by April, will appear at just exactly how effortlessly two divisions mixed up in program — Employment and personal Development Canada while the Canada Revenue Agency — have managed “risks to your general public treasury” in doling out cash to pupils.

Another product when you look at the review is the departments’ “collection activities of student education loans, ” and a 3rd type of inquiry will evaluate just how well the Financial customer Agency of Canada did to enhance students’ monetary literacy.

As the auditor general’s report won’t be out for months, high-level information on the review are in a briefing note obtained by The Canadian Press underneath the usage of Suggestions Act.

The document ready when it comes to top servant that is civil Employment and personal Development Canada notes that really work in the review is underway since might 2019. Continue a ler sobreCanada education loan system to manage scrutiny of auditor general