You're asking me to talk about the past. It's in a state now where the regs are being designed by ESDC. So, with respect, I don't know the nitty-gritty yet. It hasn't been announced to the public.
But I know in regard to what we lobbied and advocated so strongly for, that one of the disincentives to coming back to our schools and to level up...because the way apprenticeship works is that you have to come back, leave your employer, and spend eight to ten weeks in class, 40 hours a week, training.... One of the barriers was the cost of leaving the employer and the cost of training.
When we looked at it, the philosophical case that you can be a student in a university, take a 60% course load and get a Canada student loan that I think is tax free—but I can be corrected on that—and you're an apprentice and you get no help and you've got to pay out of pocket for the training.... That was the change that the Canada apprentice loan aimed at addressing, and I'm so delighted it was put through by Budget 2014. We're waiting now for the regs to go through, because it is causing a bureaucratic crunch: how are we going to actually do this and will they use the loan?
My commitment is to publicize the loan as soon as it is launched.