Mr. Speaker, there are three types of loan forgiveness provided through the Canada student loans program, the CSLP. They are the severe permanent disability benefit, Canada student loan forgiveness for family doctors and nurses, and forgiveness in cases of death.
In the case of the severe permanent disability benefit, a borrower may be eligible for the severe permanent disability benefit, the SPDB, if they have a physical or mental impairment that prevents them from ever being able to study at a post-secondary level and take part in the labour force; and the disability is expected to remain with them for life. The borrower must submit an application for SPDB, along with medical documents to support the application. From November 4, 2015, to March 31, 2017, 969 Canada student loan borrowers were approved for loan forgiveness through SPDB.
In the case of the Canada student loan forgiveness for family doctors and nurses, family doctors, residents in family medicine, nurse practitioners, and nurses who practise in designated rural or remote communities may be eligible to have a portion of their Canada student loans forgiven.
To be eligible for Canada student loan forgiveness, borrowers must have started their current employment--full-time, part-time, or casual, including self-employment for family doctors with a private family practice--as an eligible medical professional in a designated rural or remote community on or after July 1, 2011; completed a full 12-month loan forgiveness period, during which time they worked in a in an under-served rural or remote community; and submitted a Canada student loan forgiveness for family doctors and nurses application form.
Applicants must meet the necessary licensing requirements for that profession under an appropriate authority, such as the College of Family Physicians of Canada or provincial nursing associations, and must be practising in Canada in one of the following professions: family doctor; family medicine resident in training with an accredited medical school in Canada, who would be exempt from the licensing requirement; registered nurse; registered psychiatric nurse; registered practical nurse; licensed practical nurse; or nurse practitioner.
Family doctors and family medicine residents in training with an accredited medical school in Canada may receive up to $8,000 per period in Canada student loan forgiveness, to a maximum of $40,000.
Nurse practitioners and nurses may receive up to $4,000 per year in Canada student loan forgiveness, to a maximum of $20,000 over five years.
From November 4, 2015, to March 31, 2017, there were 4,922 recipients of doctors and nurses loan forgiveness.
In the case of loan forgiveness for reasons of death, in the event that a borrower dies, all repayment obligations are terminated regardless of the loan regime.
From November 4, 2015, to March 31, 2017, 2,014 Canada student loan borrowers had their loans forgiven due to death. The data includes figures related to a processing backlog and does not necessarily reflect the number of borrowers who died from November 4, 2015, to March 31, 2017.