Mr. Speaker, I thank my colleague for her speech. Certainly it segued nicely into what I want to talk about, which is, of course, young Canadians and students.
We have already heard about the crushing unemployment that youth are facing, and now we have the cancellation of the small business hiring tax credit. However, something else is also happening to young people, and it has not been discussed yet.
For some odd reason, the government decided to cancel the $5,000 vehicle exemption that students would get when they applied for student loans. This will make life much more difficult and education less affordable and accessible for rural and suburban students in particular.
Statistics show that if we live between 40 and 80 kilometres away from a post-secondary education institute, we are 31% less likely to attend. Now, with the cancellation of the vehicle exemption of $5,000 that students used to be able to put against their student loans, students will face larger costs in attending school. That applies in particular for a school like U of T Scarborough Campus, which is in my colleague's riding.