Thank you very much, Mr. Chair. Thanks to the committee members for all the hard work you do, debating and talking about skills development, in the case of my file.
I'm here today to talk about how our government is working so hard to make sure that Canadians have a fair chance at success. A big part of that is making sure that people have access to skills training and supports to not only find good-quality jobs but keep them.
There are three key approaches that we've been taking to really accelerate skills training in this country.
First, we are making sure that workers who are currently employed have access to good-quality job training. We know there's a lot of potential for people if they can get access to increased job training, even if they're currently employed.
Second, we are certainly keeping our eye on youth unemployment and employment by making sure that young people have better job opportunities—again, not just a job, but a quality job.
Third, we are making post-secondary education more affordable, regardless of whether we're talking about colleges or universities. It's really important that people can afford to go to school, and it's a big part of that fair chance to succeed.
Our focus for the past three years has been on programs like the Canada summer jobs program, the youth employment strategy, the Canada service corps and the Canada student loans program. It's about making sure that everybody sees themselves as having a fair chance and opportunity to succeed.
The Canada summer jobs program is a big part of the youth employment strategy. Many of you around the table will know that our government doubled Canada summer jobs, because it was such a critical aspect of a young person's opportunity to gain new skills and valuable job experiences that could land them in possibly the next job, or help them to explore career potential. This program has always been about giving young people good-quality job opportunities and the experience they need to succeed in the job market.
Over the past year, we made some changes. We consulted with stakeholders and made several changes to the program, with a focus to make this program more accessible to more young people, easier to apply for employers, and with a focus on quality jobs. This is going to be a key change this year. You'll see young people from across the country, regardless of their studies or status, be able to apply for Canada summer jobs. This is fundamentally about fairness. I'm very excited about that. In fact, employers will be required to show demonstrably how they're going to mentor and support those young persons to develop those skills.
We know that the Harper Conservatives had the worst youth unemployment rate since the 1990s. It soared to 16% in July 2009. Yet, instead of helping young people succeed, they chose to cut $20 million from the youth employment strategy. Instead, we chose to invest in young people. We chose to invest in skills training and to take a chance on people who often felt like they were left behind.
The plan is working. The youth unemployment rate is currently down to 11.2%. While we know that there is still more work to do, we're seeing positive change. Part of the success is our commitment to provide 70,000 young people with valuable work experience through the Canada summer jobs program.
Under the previous government, this program was constantly on the chopping block. In fact, in the last year of that government, this program created only 35,000 jobs.
So, as part of our significant expansion, we're requesting authority to include $3.4 million in vote 1, to ensure that quality experiences for youth are available across the country, so that they gain the skills and work experience they need to succeed in our workforce.
The additional funding will support the processing of the high volume of applications we're receiving to deliver those quality work placements. I stressed that earlier. This is really about making sure that those jobs are quality jobs. I believe every young person in this country deserves to work in a safe place where they have mentorship, leadership and an opportunity to develop their skills.
Another important part of preparing young people for the workforce is ensuring that all Canadians have the skills and training they need to succeed. We know that finances can often be the make-or-break decision to get young people into their post-secondary education. That's why we've made important changes to student financial assistance. We've increased the Canada student grants by 50%. We've increased support for part-time students and students with children. We've increased support for adult learners. We've changed the repayment assistance program, so that student loan borrowers are not required to make payments until they're earning at least $25,000.
As a result of our investments, most students are able to now repay their student loans. The write-off amount now represents less than 1% of the student loan portfolio. Our department is requesting a write-off for debts owed to the Crown for the unrecoverable Canada student loans in the amount of $163 million. In those cases, we've exhausted options to recover the debt. Once six years elapse without payment or acknowledgement of the debt, it's very difficult to recover it. There are many reasons for these write-offs: bankruptcies, small balances, extreme financial hardship and compromise settlements.
We're going to continue to work to make sure that education is affordable and that people have opportunities once they graduate, with either debt relief or opportunities for better placements through the student work placement program, so that we continue to see a downward tracking of debt that's not recoverable.
Lastly, these supplementary estimates (B) also include adjustments to current-year funding and to non-budgetary items. These items in the supplementary estimates demonstrate our clear commitment to Canadians to grow our economy, strengthen the middle class and help those working hard to join it.