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Finance committee This measure is targeted at making load repayment more affordable, so I do not have the number of how many students might go to post-secondary because of this measure.
November 21st, 2022Committee meeting
Atiq Rahman
Finance committee For the federal student loans, it's about $14,000 when they graduate. In addition, they also have provincial student loans.
November 21st, 2022Committee meeting
Atiq Rahman
Finance committee It would likely be less than that. It could be somewhere in the mid-twenties.
November 21st, 2022Committee meeting
Atiq Rahman
Finance committee =Thank you, Chair. I am one of the representatives from the department. I could go first. I don't know if there are others too.
November 21st, 2022Committee meeting
Atiq Rahman
Finance committee Thank you, Chair. This is about Canada student loans and Canada apprentice loans. Division 5 of part 4 proposes to amend the Canada Student Loans Act, the Canada Student Financial Assistance Act and the Apprentice Loans Act to permanently eliminate the accrual of interest on C
November 21st, 2022Committee meeting
Atiq Rahman
Public Accounts committee Could I jump in, Deputy? Yes, a financial institution has to be an access point. Families who want to apply for a Canada learning bond have to open an RESP, which can only be opened with a financial institution. That has to be an access point. For the families who have difficul
October 25th, 2022Committee meeting
Atiq Rahman
Public Accounts committee Thank you, Deputy. The explanation is.... The member already mentioned that families need to open a registered education savings plan in order to receive the Canada learning bond. The program design is part of a savings incentive scheme. Families need to go to a financial insti
October 25th, 2022Committee meeting
Atiq Rahman
Public Accounts committee The legislation currently does not allow that, but it is one of the things that the department continues to look into.
October 25th, 2022Committee meeting
Atiq Rahman
Human Resources committee Mr. Chair, as you may already be aware, the interest charged on Canada student loans and apprentice loans has been waived until March 2023. As you may also know, we work with our provincial student aid programs to implement any initiatives taken by the federal government. With r
March 24th, 2022Committee meeting
Atiq Rahman
Finance committee Thank you, Mr. Chair. I will make it very short. I am the assistant deputy minister of the learning branch at Employment and Social Development Canada. Division 30 proposes to waive interest accrual on Canada student loans and Canada apprentice loans for two years between Apri
May 17th, 2021Committee meeting
Atiq Rahman