Madam Speaker, one of the interesting things the member for Churchill highlighted was students' credit card debts. Could she comment on the compounding behaviour of student debt and interest rates?
For example, the Government of Canada borrows money at 0.25%, the Bank of Canada rate right now, for student loans, although the interest rate for students is higher. There is not only quite a significant difference in credit cards rates in the borrowing costs and what has to be paid back, but also the interest rates students pay for their student loans.
How does that affect students who are emerging into the economy so they can purchase homes, or cars, or get on their feet, get a job and progress? This is an important part of the debate today.