All right. I guess you have to ask the question.
Evidence of meeting #39 for Finance in the 41st Parliament, 2nd Session. (The original version is on Parliament’s site.) The winning word was amendment.
A video is available from Parliament.
Evidence of meeting #39 for Finance in the 41st Parliament, 2nd Session. (The original version is on Parliament’s site.) The winning word was amendment.
A video is available from Parliament.
Conservative
Conservative
The Chair Conservative James Rajotte
We want to thank our two officials especially for staying so late. We appreciate that very much.
Conservative
The Chair Conservative James Rajotte
We'll go to division 30, the Apprentice Loans Act. I do not have any amendments for these clauses, clauses 483 to 486.
We want to thank our official again for staying so late. We appreciate that.
We have two minutes, so can I group these together, or are there any questions?
NDP
Nathan Cullen NDP Skeena—Bulkley Valley, BC
I wouldn't mind getting just one minute from Mr. Rahman to explain what this part of the act will do.
As succinctly as you can, sir, just explain for us what it will be. And then we'll ask for a recorded vote, which we can apply, Mr. Chair.
Atiq Rahman Director, Operational Policy and Research, Department of Employment and Social Development
Thank you.
The Apprentice Loans Act is very similar to the Canada Student Financial Assistance Act and will introduce loans for apprentices. These loans would be interest-free until apprentices complete or terminate their apprenticeship training, after which interest will be charged and they will go into repayment.
NDP
Nathan Cullen NDP Skeena—Bulkley Valley, BC
I have a quick question on this, Chair, regarding the length of time. We're strongly in favour of this and of expanding the use of apprenticeships, which we know are underutilized in Canada. How long can that last? Because some apprenticeship programs like the Red Seal programs can take quite a while.
Director, Operational Policy and Research, Department of Employment and Social Development
Those details will be laid out in the regulations. We have been consulting apprenticeship stakeholders as well as provincial and territorial authorities, and their views will be taken into account in laying this out in the regulations.
NDP
Nathan Cullen NDP Skeena—Bulkley Valley, BC
So to this point, we don't know what the length of time is, but it's meant to incorporate.... I'm just concerned that the loan stipulation time will not meet the realities of how apprenticeships actually work in the country.
Director, Operational Policy and Research, Department of Employment and Social Development
Yes. Those numbers have not been finalized yet.
Conservative
The Chair Conservative James Rajotte
Thank you.
(Clause 483 agreed to: yeas 9; nays 0)
Can I apply that to clauses 484 to 486?
Conservative
The Chair Conservative James Rajotte
The recorded vote will apply to clauses 484, 485, and 486.
(Clauses 484 to 486 inclusive agreed to: yeas 9; nays 0)
I want to thank Mr. Rahman very much for staying so long. We appreciate that.
Director, Operational Policy and Research, Department of Employment and Social Development
Thank you.
Conservative
The Chair Conservative James Rajotte
Colleagues, it is 11:01, so I have to move everything else—but we're almost finished.
We have six schedules. Could I group them all together? Is that possible?
Conservative
The Chair Conservative James Rajotte
We'll have a show of hands, then.
(Schedule 1 agreed to)
(Schedule 2 agreed to)
(Schedule 3 agreed to)
(Schedule 4 agreed to)
(Schedule 5 agreed to)
(Schedule 6 agreed to)
Shall the short title carry?
