ONTARIO ASSOCIATION OF CAREER COLLEGES

May 10, 2002

TO: All OACC Members

From: Paul Kitchin

Subject: Important Meeting re Trainout fund

Notice of Meeting
Proposed Training Completion Assurance Fund
May 29, 2002

This notice is given to all private career colleges in Ontario to announce that a meeting to discuss the final proposal for the establishment of a Training Completion Assurance Fund (TCAF) is being held in the Alexander Room of the Courtyard by Marriott Hotel, 475 Yonge Street, Toronto on May 29, 2002 between the hours of 9:00 a.m. and 11:00 a.m.

In the Fall of 2001, all private career colleges were invited to attend the TCIF Forum in Toronto to provide input on the creation of an organization that would be responsible for implementing a formal trainout process for students that are impacted by the sudden closure of a career college.

At the conclusion of the Forum, a steering committee was formed and given the task of pulling together all of the input received in an effort to produce a formal trainout proposal. The goal was for the steering committee to submit the proposal to the Ontario Government in early May 2002, and also to seek ratification of the proposal from the career college industry at an all-industry meeting prior to the OACC AGM on May 29, 2002.

The steering committee has now completed its work and a recommendation for the establishment of an organization to be known as the Training Completion Assurance Fund is being tabled with the Government during the week of May 13, 2002. Following that consultation with Government, the steering committee will post the proposal document on the temporary web site and direct all career colleges to the appropriate web site page so that they can download the document for reading in preparation for the May 29, 2002 presentation of the salient points regarding the fund.

If ratification of the TCAF proposal by those in attendance is achieved, the steering committee will then ask the attendees to elect an interim Board of Directors to manage the process of incorporation and implementation of TCAF until such time as it is appropriate to elect the actual Governing Board.

Given the significance of this proposal, the steering committee urges all private career colleges to attend and participate on May 29.

If your career college will be represented at the TCAF meeting on May 29, please RSVP by May 22 indicating:

Career college Name
Career college Location
Name of 1 designated spokesperson
Phone
Fax
Email

Replies should be sent to Lorna Mills at fax: (519) 752-3649 or e-mail:
lornamills@brant.net

Questions may be directed to Paul Kitchin, Executive Director, OACC at
phone: (519) 752-4293 or e-mail: paulkitchin@brant.net


Paul Kitchin
Executive Director,
Ontario Association of Career Colleges
Phone: (519) 752-4293 Fax: (519) 752-3649
Email: paulkitchin@brant.net
274 Colborne Street E., 2nd Floor
Brantford, Ontario N3T 2H5

In partnership with the

Ministry of Training, Colleges and Universities. The Training Completion Assurance Fund (TCAF) will be an Ontario non-profit organization. It will be created in 2002 to provide training completion Assurance and contribute to the stability of Ontario's Private Career College (PCC) system.