The Council Bursary has been presented each year since 2009 to a student between the ages of 17 and 21 who has been accepted to study at a post-secondary school. Recipients must also have a parent or guardian who owns or rents land in the municipality. The Council Bursary is funded solely by the personal contributions of the reeve and each Councillor of the R.M. of Canwood No. 494. See Details and Application Form for the 2017 Bursary.