Human Resources committee  The definition of rural and remote communities is somewhat technical. It's based on Statistics Canada's definition of “census metropolitan area” and “census agglomeration”. We exclude some of the urban areas from that definition. Budget 2022 also announced a commitment to review

Human Resources committee  The timeline for the 50% increase is later this year, pending regulatory approvals. It was announced in budget 2022. We are working on the implementation of the measure, again, pending regulatory approvals.

Finance committee  That is correct. The only interest it does not eliminate is any interest that accrued before this.

Finance committee  Our estimate is that about 1.2 million students will benefit from this every year.

Finance committee  Yes.

Finance committee  Yes. That's right.

Finance committee  That would be correct to say. The students would be paying this interest had it not been for elimination.

Finance committee  That's right. They're at different stages of their repayment as well, but on average we estimate that it would be about $410 per year per student.

Finance committee  That would be correct. Yes.

Finance committee  That's right.

Finance committee  That is what the fall economic statement said, yes.

Finance committee  No, the student loan amount they can receive is not changing. That level remains where it has been.

Finance committee  Thank you, Chair. The government has taken a number of measures on the front end as well, doubling the grants temporarily until next year. Of course there was an interest waiver for two years that is already in effect. Of course, with regard to the elimination of interest...the

Finance committee  Yes, Chair. I would just make a clarification to begin that the student loans from the federal government are actually provided by the government directly. That started in 2000. Prior to that, some student loans were provided by financial institutions. Right now, they are direc

Finance committee  Thank you, Chair. It is difficult to say how many students would not be going to school without this measure. What we do know is that some of those in repayment, those who have gone to school and then are in repayment, are struggling with rising costs. As you know, in Canada stu