Madam Speaker, the effect is not only major, it is absolutely disastrous.
Unfortunately, I have to remind my Conservative colleague that former Conservative governments have not exactly helped fix the problem. Cuts to provincial transfers for post-secondary education made the situation worse and made it more difficult for universities to balance their books.
The last thing I want to see is for a university to download the responsibility of balancing their books to their students. Providing important public services and making universities accessible and truly affordable for students are collective obligations and duties. We have a good record on that front in Quebec, and I think that Quebec's model should be implemented throughout Canada.