Thank you so much, Mr. Chair.
Thank you, Minister, for being here today with the committee. I know you've been quite busy with many files, so we do appreciate your time.
I'm interested in students and how they contribute to the labour challenges we as a country have. I'm looking for ways to eliminate barriers that exist and that prevent and take away from one's being successful in post-secondary or throughout the apprenticeship programs.
I was quite happy when I saw in the fall economic statement the elimination of interest being applied. I had to use OSAP, and I think after post-secondary my final bill was about $56,000 to pay back. The interest was something that was always a challenge because as you were paying, you could see the cost going up.
If you can, I'd like you to talk a little bit about this component of your mandate letter. What will be the impact of the elimination of interest on student loans? In effect, how many people overall will it impact?