moved for leave to introduce Bill C-274, an act to amend the Bankruptcy and Insolvency Act (student Loan).
Mr. Speaker, I am honoured to present this bill in the House today. Its purpose is to reverse and stop the discrimination facing students who are now required to wait 10 years before they can declare bankruptcy. This new 10 year rule means that unlike other consumers who must wait two years to declare bankruptcy, students must face additional hardship and discrimination. The overwhelming majority of students do everything they can to repay student loans, but when bankruptcy becomes the only option the bill I am presenting today would ensure that students would get a fair deal and would not be discriminated against.
(Motions deemed adopted, bill read the first time and printed)