It sounds like the accelerated program to me. This is what it says for me on the OUAC website: McMaster University Second Degree (Above Level I) 2018 Fall (September) Co-op: No On Mosaic it says:...
I think it just means that it is a second degree for you (do you already have a degree?). If you look at your offer on OUAC does it say BASACC (basic accelerated)? I was confused too because it...