ENGLISH
• SUMMARY
SUMMARY
• Short Title
Short Title
• Interpretation
Interpretation
• National Strategy on Student Loan Debt
National Strategy on Student Loan Debt
• Reports to Parliament
Reports to Parliament

SUMMARY

Short Title

Short title

1 This Act may be cited as the Student Debt Relief Act.

Interpretation

Definition of Minister

2 In this Act, Minister means the Minister of Employment and Social Development.

National Strategy on Student Loan Debt

National Strategy

3 (1) The Minister, in consultation with representatives of the provincial governments responsible for education, must develop a national strategy to reduce student loan debt that includes an assessment of the following measures:

• (a) canceling debt from government provided student loans;

• (b) permanently eliminating interest from government provided student loans;

• (c) increasing non-repayable student grants; and

• (d) protecting future students by reducing the cost of post-secondary education across Canada.

Conference

(2) The Minister must hold at least one conference with representatives of the provincial governments respon­sible for education for the purpose of developing the strategy.

Reports to Parliament

Report to Parliament

4 (1) Within one year after the day on which this Act comes into force, the Minister must prepare a report setting out the national strategy and cause it to be laid before each House of Parliament.

Publication

(2) The Minister must post the report on the website of the Department of Employment and Social Development within 30 days after the day on which the report is tabled in Parliament.

Review by Minister

5 (1) Within three years after the report referred to in section 4 has been tabled in both Houses of Parliament, the Minister must, in consultation with representatives of the provincial governments responsible for education, undertake a comprehensive review of the national strat­egy and prepare a report setting out the Minister’s findings and recommendations.

Tabling of report

(2) The Minister must cause the report of the review to be tabled in each House of Parliament on any of the first 15 days on which that House is sitting after it is completed.