PENTICTON, B.C. -- Children born in B.C. after Jan. 1, 2007 will receive an education baby bonus. Premier Gordon Campbell says the Liberal government will invest $1,000 in the name of every B.C. infant born after this date.
He says the government will hold the funds, invest them and apply the principal and interest to post-secondary education fees. More details will be available next week. Campbell says he expects the $1,000 will roughly double by the time the child needs the educational credit. The premier made the announcement at the B.C. Liberal convention, being held this weekend in Penticton.
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