Madam Chair, I will be splitting my time with the member for Mission—Matsqui—Fraser Canyon.
Nearly 700,000 students will receive the Canada student loan this year, and the program administers about $24 billion of student loans. This year, the program is in fact projected to grow about 32%. To administer this massive program, the Liberal government signed an eight-year contract with a private software company called Finastra, which gets money for each loan user.
Could the minister provide the total fee paid by her government to Finastra for operating the student loan program last year and the projected fee for this year?