Thank you, Mr. Chair, for giving me the opportunity to come here today.
This division proposes amendments to the Canada Student Loans Act and Canada Student Financial Assistance Act to make Canada student loans interest-free during the six-month period between students leaving studies and when they go into repayment. The amendment will make those six months interest-free. This will help the students transition into the labour force more smoothly and help them manage their student debt. It will also bring Canada student loans in line with some of the provincial student loans programs in Canada, which also have six-month, interest-free grace periods.