Mr. Speaker, because of certain events the announcement we made last week concerning the improvement to the student loan program was somewhat overshadowed by an impromptu lunch I had in the front yard of Parliament Hill.
I would like to point out that the federal government has met with its provincial counterparts. We have come to an agreement that we will provide for a very different set of rules as applied to the existing student loan program which will allow part time income to be more broadly accepted, to allow parental income to be revised in a different way and to ensure there is much better flexibility.
I can report to you, Mr. Speaker, because I know you are very interested that it was very broadly and strongly endorsed by students' associations in this country.