moved for leave to introduce Bill C-329, an act to amend the Bankruptcy and Insolvency Act (student loan).
Mr. Speaker, I would like to thank members of the House for giving their consent so I can present my bill.
I am honoured to present this bill in the House today. Its purpose is to reverse and stop discrimination facing students who are now required to wait ten years before they can declare bankruptcy. The new ten year rule means that unlike other consumers who wait two years to declare bankruptcy, students must face additional hardship and discrimination.
The overwhelming majority of students do everything they can to repay their student loans but when bankruptcy becomes the only option, the bill I am presenting today would ensure that students would get a fair deal and would not be discriminated against.
(Motions deemed adopted, bill read the first time and printed)