Madam Speaker, I welcome the opportunity to take part in this debate today. In fact, I have nothing but praise for the efforts of the minister who is responsible for this initiative. There is nothing political about this bill. We are trying to respond to the needs of Canadian students who wish to continue their education, and that includes students from Quebec.
This bill has a built-in flexibility which allows people from Quebec, the Northwest Territories or anywhere else to either participate or opt out. So why make this bill a political issue instead of seeing it as a bill that deals with a number of very important issues? I do not understand this attitude. I wish hon. members opposite would discuss specific points and tell us how to improve the proposed legislation, and I wish they would drop the political references. Look at the bill and tell us how you would improve it, if you have any useful suggestions.
As you may recall, I was in the House during the last Parliament, and the hon. member who just made the presentation was there, and many times he and I and a number of other members condemned the Conservative government's failure to act on the student loans issue. There were many problems, and they did not deal with any of them. This government has listened and reacted very positively.
We heard and we acted, and we acted in an extremely positive way.
What did we do? We need to look at it from two perspectives: the perspective of students generally today and what government has undertaken to try to make life more appealing, more accommodating for them as they pursue their education or work in the workforce; and the specific item in front of us today, the legislation with respect to student aid.
What have we done generally for students, in what kinds of situations do they find themselves today? I am referring to the number of initiatives that the government has recently announced. Let me briefly review them because I want to spend most of my time on the specific elements of the legislation.
As you will recall, there were two components. The first was Youth Employment. It covered a number of programs that encouraged youth employment, including Youth Service Canada, which was an attempt to ensure that young people would be able to acquire job experience that would make it easier for them to enter the labour market. We also have youth internship programs to help young people acquire the training they need to find good, well-paying jobs that will contribute to Canada's prosperity.
Within the same component we had summer employment programs to help young people find summer jobs and acquire job experience relevant to their future education or to the skills they will need in a full-time job. As you will recall, there was also a second component.
The second component was called: Learning Strategy. This component embraced a number of initiatives, including the reform of the Canada Student Loans Program.
What I want to discuss in depth in a little while is that we also had initiatives on learning. They were mostly aimed at setting national objectives whenever possible, not to supervise or restrict any province or territory but to try to agree so that the young and the not-so-young could work in any province or territory.
We also had the partnership-based Stay-in-School Program to reduce the drop-out rate.
These are important initiatives.
These are important initiatives for young Canadians. I believe that most fair minded people would say that there has been a tremendous effort on the part of the government and a number of the ministers, including the minister responsible, to respond to the needs of youth, whether it be for educational or work purposes.
Let me talk briefly about some of the more important components of the Canada Student Financial Assistance Act. Most people recognize that it increases the loan limits by 57 per cent, $265 a week, which is still not a fortune. One still needs to budget very carefully. It raises the ceiling on part time loans to $4,000 from $2,500. This was a serious weakness in the last program. These are two problems that were really very serious.
It creates a national program of special opportunity grants for special target groups; students with disabilities, high need part time students, women, and doctoral studies. We recognize that these groups are under represented. We need to make a special effort to make sure they are represented.
It establishes a regionally sensitive approach to assessing student need. This was a need and continues to be a need. I am delighted that we have responded to it.
The bill also addresses the whole question of the repayment burden on recent graduates. This will be alleviated by offering deferred grants and by expanding interest relief. These measures make sure that students who have debts can pay them back in a way that responds to their unique situations.
It also addresses the whole issue of consistency and fairness. This would be reinforced by revising eligibility criteria and by using a common approach to the decimation of educational institutions. These were great weaknesses and they have been addressed. That is not all.
It goes on to address new financing arrangements for student loans based on lender risk sharing and access to loans and income sensitive terms and repayment. This will also reduce costs to taxpayers.
For some members the opting out provision is very important. It is maintained. I find this totally supportive, sensible and sensitive. It also addresses the question of provisions which would be made to harmonize federal and provincial student assistance programs by streamlining financing and administration. It also addresses new approaches to providing aid and is prepared to explore income contingency repayment of loans. In fact, there will be some pilot projects on this.
As I just mentioned, this bill raises many questions which should have been addressed a long time ago. Unfortunately, it has not been done. I am not saying that this bill is perfect. After all, what bill ever is?
But I believe that if we look at this bill, at the situation students now find themselves in, at our labour-force initiatives, at the various programs put in place by this government; if we consider this bill in the light of today's situation; if we recognize that there was not enough money for students to continue their education, that there were major weaknesses with regard to part-time students, that we were often insensitive to the problems of students who had trouble repaying their loans; if we recognize all this, Madam Speaker, I believe we will agree that this commendable initiative should be encouraged and supported.
I hoped that we would take the politics out of this bill. I hoped that people would look at it for what it is, a serious and comprehensive attempt to respond to students and their needs across the nation.
If members have specific suggestions to make in order to improve this, we welcome them.