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Government Operations committee It may be something that you may wish to also get supplementary information on from ESDC. Ultimately, as I mentioned, of a base of about $34 billion in student loans, since 2014-15 the government has written off between—
February 27th, 2020Committee meeting
Glenn Purves
Government Operations committee Actually, if I could finish with this line.... Since 2014-15, the government has written off between $164 million and $295 million per year in student loans. This is a regular appearance in these estimates. It is a normal accounting practice for us to expense it in this way.
February 27th, 2020Committee meeting
Glenn Purves
Government Operations committee There's a stock of about $34 billion in terms of student loans.
February 27th, 2020Committee meeting
Glenn Purves
Government Operations committee Again, the portion that is being written off is the non-performing.
February 27th, 2020Committee meeting
Glenn Purves
Government Operations committee The performing, effectively, is the bulk of all the loans. Given the fact they are performing.... I can't comment on the policy and the calibration of the student loan program. That's beyond our remit. All to say, that it is a normal practice through the estimates and supply to h
February 27th, 2020Committee meeting
Glenn Purves
Government Operations committee That's a policy question that would probably be best addressed to our colleagues at ESDC.
February 27th, 2020Committee meeting
Glenn Purves
Government Operations committee I don't have the answer to what proportion of the $588 million is going directly to first nations providers of that, versus provincial versus agency. I don't think we have that information, unless Ms. Santiago does. It's within the authority of the department and the minister.
February 27th, 2020Committee meeting
Glenn Purves
Government Operations committee I understand there's a stock of about $34 billion. Typically what happens is that from a fiscal planning standpoint they end up putting a provision in the fiscal framework for loans. This is effectively the end result of non-performing loans, going to CRA and seeking six years in
February 27th, 2020Committee meeting
Glenn Purves
Government Operations committee For years, the range has been—
February 27th, 2020Committee meeting
Glenn Purves
Government Operations committee Thank you very much for the question. Allow me to answer you in English. I don't actually have the information to show the distinction. You're talking about 2018-19, and the reference level of 2018-19 for health versus the authorities proposed to date, of about $2.7 billion her
February 27th, 2020Committee meeting
Glenn Purves
February 27th, 2020Committee meeting
Glenn Purves
Government Operations committee I can give you another explanation. For transfers—the Canada health transfer, Canada social transfer, equalization, and so forth—that doesn't show up here with respect to this.
February 27th, 2020Committee meeting
Glenn Purves
Government Operations committee If you go to the main estimates, I believe you'll see, effectively, for 2019-20, the start of the year, about $175 billion. Those large transfers are part of that structure and we started reporting on statutory expenses because parliamentarians were asking to get a lens in terms
February 27th, 2020Committee meeting
Glenn Purves
Government Operations committee These are for voted amounts, non-statutory amounts.
February 27th, 2020Committee meeting
Glenn Purves
Government Operations committee Sure. Thank you very much. You mentioned a few things, actually. I just want to make sure there's a clear line of sight in terms of what is in the supplementary estimates to support indigenous writ large. You did talk about the $919 million. This is for loan forgiveness. It wa
February 27th, 2020Committee meeting
Glenn Purves