Mr. Speaker, in the last few years the government has taken strong action to relieve some of the burden on students with their debts by elongating the period in which they can pay the loans and by deductibility of interest.
At the end of March this year we had a $12.3 billion surplus which automatically goes against the debt. That means that as a result of the payment of the debt in the last two budgets, we are saving $1 billion a year in interest costs. That is to the benefit of all Canadians.