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PEQAB introduced the first degree qualifications framework in Canada in 2002. Qualifications frameworks are descriptions of the generic knowledge and skills each credential, or qualification (e.g., certificate, diploma, bachelor degree), is intended to achieve. They serve a number of purposes, including acting as a standard for quality assurance. The PEQAB framework is based on the best features of such frameworks available internationally, with modifications to suit the Ontario context.
After its release, the PEQAB degree framework was adopted, with minor modifications, for the review of undergraduate and graduate programs offered by Ontario public universities. Subsequently, the PEQAB secretariat led a ministry-wide initiative to develop a framework of all postsecondary qualifications offered in Ontario. The Ontario Qualifications Framework is the only framework in Canada that includes all postsecondary education credentials from apprenticeships to doctoral degrees.