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House Hansard - 126

44th Parl. 1st Sess.
November 14, 2022 11:00AM
  • Nov/14/22 3:43:59 p.m.
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  • Re: Bill C-32 
Mr. Speaker, I want to thank my hon. colleague for putting her finger on the number one question: How soon can we get this legislation passed through the House? We can see that in the new year, probably April, and moving forward, we will no longer have student loan interest on the federal portion of student loans and apprenticeship interest. This would benefit not only students at Conestoga, but students at universities, colleges and technical institutes across the country. I met with Polytechnics Canada last week, and they were thrilled to hear that this was our plan and that it was going to be part of Bill C-32. To all the businesses operating in my hon. colleague's riding and to all members of the House, we are going to work with the banks to make sure that credit card fees get reduced. If the banks do not come to the table before the end of December this year, we are going to pass legislation in the new year to get credit card fees reduced, because it is what small businesses are asking of us. We are responding to post-secondary students and to small business owners.
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