Mr. Speaker, it is certainly true that false rumours are circulating, particularly in publications by the members opposite, about the changes we will make to the post-secondary education system.
First of all, we do not want to cut federal assistance; we want to invest it. As I said earlier, if the status quo was maintained, $61 billion would be spent on education. But, if the federal proposals are adopted, the combination of transfers, taxes and loans would produce $70 billion for this period, or an additional $10 billion for the education fund in Canada.