Mr. Speaker, I would like to draw the attention of the House to one of the most innovative programs in education today, the Queen's University Master of Business Administration for Science and Technology, which will greet its inaugural class today in Kingston.
With the implementation of this program, Queen's University has set a new standard for business education in Canada. By privatizing its MBA, Queen's will spend twice the amount compared to other schools on program delivery per student.
Also, by concentrating the program into one year, it will cost students less to achieve their MBA. In addition, Queen's will lend qualified applicants up to $30,000, a sum which they do not have to repay until they obtain a job earning at least $50,000 per year.
Queen's will deliver this program using the most sophisticated educational technology available in the world. A brand new facility located on Queen's campus in Kingston compares favourably with those of the world's premier business schools.
I hope that all members will join me in saluting Mr. Ken Wong, Mr. Tom Anger and Dean Margot Northey of the Queen's School of Business for their innovative response to educational needs in Canada.