Mr. Speaker, I am pleased to add my comments to this very important debate on education and the tools that are required by families to make sure that their children have the financial requirements needed to receive a post-secondary education.
This bill, Bill C-253, that has been put forward by my hon. colleague from Pickering—Scarborough East is a very important piece of legislation. It is, I think, worthy of this House's attention. Also, we hope that we will have it go forward, both to committee and then to the Senate.
Bill C-253 is an act to amend the Income Tax Act respecting the deductibility of registered education savings plans, RESPs, contributions.
There is nothing more important than the future prosperity of Canada's youth and having a highly educated workforce. All of us in this House, on a number of occasions, have spoken of the importance of higher education and the importance of education for our young people. It is unfortunate that so many of our young people are getting themselves into debt.
I was looking at some statistics that I would like to share with this House. The average undergraduate tuition fee has almost doubled, from $2,023 in 1993-94, to $4,025 in 2003-04. An increase in tuition fees is partly responsible for an increase in student debt.
It is a terrible shame that in a country like Canada where we have incredible wealth and resources that so many young people are in debt.
I have always compared Canada as sort of in the middle between Europe and the U.S. Many of the western European countries have almost free education. It is not the case of course for all of them because some of them do have high fees for their education. However, overall Canada is the middle ground between the European system and the American system, which is very costly.
I was speaking to a colleague of mine at Oxford, where I am taking a masters degree in international law. She told me that tuition fees for her children would be about $200,000 at the end of four years. It is an incredible amount of money to pay for one child to go to school and if a person has four children, which she does, it is an enormous burden. She said she will be working until she dies in order to help her kids pay for the outrageous tuition fees.
We are not in that situation in Canada, and I thank God for that, but we are not quite like the European model, which has a very generous education system which allows their young people to attend higher levels of education.
We have to do more as a government, as a society, as legislators, to make sure that our young people are getting the tools, the resources they need, for higher education and to make sure that it is affordable higher education as well.
Because of the soaring costs of education, more Canadians are unable to attend institutions of higher learning and that is deeply concerning, especially in a society like ours which requires highly trained individuals to meet the demands of the labour force.
It is projected that by 2010 a four-year degree program could cost in excess of $100,000. That is certainly getting more closer to the American model and that is very worrisome because that American model is one that we do not want to emulate. It is extremely costly and it is a huge burden to families for their children's education. They have many burdens and obstacles in the U.S., from health care to education and many other issues.
We cherish our friendship with our American neighbours, but there are many things they can learn from us, and on this aspect they can certainly learn a great deal.
I commend my hon. colleague from Pickering--Scarborough East for putting forward this important and valuable private member's bill to hopefully address some of these concerns. We realize that it is impossible to have all these concerns and issues addressed. We also need our provincial partners assisting us.
All of us know that Canada is one of the few members of the Organization for Economic Cooperation and Development that does not have a federal minister of education. Most countries around the world, certainly most western democracies, have a federal minister of education.
We do not have a federal minister of education because that responsibility rests in provincial hands and that is, of course, a relic of our historical past, a relic of our Constitution, which put the issue of education strictly in provincial hands. We can have arguments about whether that was a good thing or a bad thing, but at that time it was needed to probably deal with issues both linguistic and religious.
In today's society one would wonder if there should not be some type of minister at the federal level, if not a minister of education than at least somebody who would have authority and responsibility for post-secondary education. We need some coordinated efforts. We need a minister who could, in fact, deal with provincial members and his or her counterparts to address the ever rising costs of tuition in this country.
All of us in the House are deeply concerned, but we need a coordinated effort. This legislation would be one piece of the pie, a tool we could say, that would go a long way toward addressing the concerns that we have. Clearly, it is not enough. A lot more has to be done.
Rising student debt is deeply troubling. I am the official opposition's critic for the Treasury Board and I do not know if it was a pleasure, or a burden, to look through the estimates. It was quite tedious work. Going through the estimates, I noticed that the government is spending huge sums of money, in fact millions of dollars, to go after students for not paying their loans. We realize that students have to pay their loans, but it seems a bit ludicrous to spend millions of dollars when the government has not ceded to students across this country.
The millennium scholarship fund was brought in by the previous Liberal government under the leadership of the Right Hon. Jean Chrétien. The prime minister at that time envisioned this as a great opportunity for many young people, especially those who are disadvantaged in our society, to receive this type of funding in order to assist them to attend post-secondary education.
Millions of dollars have gone into my riding of Davenport for students' post-secondary education through the millennium scholarship. I am very pleased that scholarship was put into place. I am hoping that the government will see the benefits of this scholarship program and renew it because it does need to be renewed.
Students across this country are calling for the government to renew this important fund that has helped thousands of students across this country to deal with some of the financial burden facing them in post-secondary education.
Bill C-253, An Act to amend the Income Tax Act (deductibility of RESP contributions) is an important piece of legislation that the House should support. I congratulate my hon. colleague from Pickering--Scarborough East for his efforts on behalf of students across this country. I hope this will pass so that future generations can benefit from this important piece of legislation.