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Bill 8, An Act to Amend the Student Financial Assistance Act

Government Bill

20th Assembly, 1st Session

Introduced on June 11, 2024

Events

Timeline of key legislative events

  • First Reading
    Completed June 11, 2024 (Debate | Vote)
  • Second Reading
    Completed June 12, 2024 (Debate | Vote)
  • Status

    Bill Text



    Related Votes

    June 12, 2024 Passed Second Reading of Bill 8: An Act to Amend the Student Financial Assistance Act, Carried
    June 11, 2024 First Reading of Bill 8: An Act to Amend the Student Financial Assistance Act

    Discussion & Mentions

    Bill 8: An Act to Amend the Student Financial Assistance Act, Carried
    Second Reading Of Bills

    June 12th, 2024


    See context
    Robert Hawkins

    Robert Hawkins Yellowknife Centre

    Thank you, Mr. Speaker. Mr. Speaker, first off, I want to say thank you to the Member of Monfwi for sharing her concerns, being honest about her concerns in the sense of -- I respect that. And I don't have a problem that she has questions, by any means. And I think this is the debate I'm talking about when, you know, sometimes you find those arguments and challenges in debates, but I think the important thing here to focus in on is this: That could become some of the discussion during the review after second reading if it goes to committee and get some public feedback and maybe find out -- the issues raised might be some incidental ones that need to be taken care of. I want to stress the importance of the bill and the reason it's done in this way is it's treated as, in lay terms, we're changing the credit limit of those who can borrow it. So in other words, that's what it is. The money comes from the pool within SFA, frankly because education is more expensive today and the cost for students pursuing further education. The expectation in the Northwest Territories -- I shouldn't say the expectation, but the hope and dreams of many Northerners is that our young people will pursue further education but, you know, it doesn't -- the cost of education isn't stagnant. It's increased, it's grown, it's ballooned, it's only -- you know, the future only says it's going to cost more no matter where they go. And then we ask them to become lawyers and, you know, take your PhD and master's and we keep on adding layers to things, and that's all more money. That's what this is targeted at, is giving access to all Northerners.

    The UNDRIP statement pointed out that there's no restrictions on this that impede on Indigenous rights by any means. That was very important and certainly is very important to me, and I know it's important to the Member and I recognize that, but it has no reflection of this. This is strictly raising the borrowing amount an individual northern student can borrow if they wish to pursue their education.

    The other thing such as return of service, etcetera, I mean, those are outside currently the scope of the bill and it's just, like I said, a money bill based on saying a student wants to continue their education, they've taken a different path, they've changed their mind, and they need more access to funds, the cap is all that's changing here.

    As to the other issues, I would certainly be behind every one of those initiatives if we want to talk separately and find different avenues to meet them because I true -- as I'm going to finish this, Mr. Speaker, and try to stay focused of course on the bill, I truly support growing education opportunities for community members. I mean, I'm from a small community. I understand the challenges there and hence I'm deeply connected to the struggles that many of them have.

    So, Mr. Speaker, to the nature of the bill or to the intent of the bill, it's just to raise the credit limits so more young people can get more education. And my goal is they come back here. And my apologies, one more last thing. I think we're only talking about this affecting in the range of 20 students that would change the world of what we're trying to bring back to the Northwest Territories of skills and abilities. Thank you.

    Bill 8: An Act to Amend the Student Financial Assistance Act, Carried
    Second Reading Of Bills

    June 12th, 2024


    See context
    The Speaker

    The Speaker Shane Thompson

    To the bill. Member from Yellowknife Centre.

    Bill 8: An Act to Amend the Student Financial Assistance Act, Carried
    Second Reading Of Bills

    June 12th, 2024


    See context
    Jane Weyallon Armstrong

    Jane Weyallon Armstrong Monfwi

    Thank you, Mr. Speaker. Mr. Speaker, as a northern Indigenous born and raised in Fort Rae as shown on my birth certificate, I am proud of the Student Financial Assistance Program that we have in the Northwest Territories. I heard many times by others, it is one of the best student support programs in Canada. With the changes that the Minister of ECE put in place last Assembly, there is more support for Indigenous students, which I hope will help to improve the education outcome for students in the NWT, especially in small communities. The outcome is not good.

    My concern with this bill, with this Private Member's bill, Mr. Speaker, is that we are under fiscal restraint. Why under fiscal restraint are we going to increase the funding cap for student loans? Mr. Speaker, we have people in Fort Smith that will be losing 20 positions and many of these have families and mortgages. Now some of them might have to sell their house. And if lucky enough, some of them might, you know -- I mean, if they're lucky enough, some of them might have to find an employment in Fort Smith.

    So, Mr. Speaker, if we are going to increase the loan cap offer under Student Financial Assistance Program, how much will this cost the GNWT? How will this impact the education outcome for Indigenous students in small communities? And why, Mr. Speaker, would we consider an increase in the funding amounts provided to students without increasing the requirement to return back to the NWT to contribute to our economy to repay the loan? By raising the funding cap for students, we are allowing students to leave the NWT for longer periods of time with no incentive to return to the NWT and work in between their studies.

    Mr. Speaker, I don't believe this Private Member's bill is ready for review by the House. I don't believe it's necessary to increase the funding limitations. I believe we already have an excellent program that does not need adjusting at this time. In order to advance this bill, there needs to be more research and engagement done prior to introducing in this House. For these reasons, Mr. Speaker, at this time -- I said at this time -- I will not support the motion.

    Bill 8: An Act to Amend the Student Financial Assistance Act, Carried
    Second Reading Of Bills

    June 12th, 2024


    See context
    The Speaker

    The Speaker Shane Thompson

    The Member from Yellowknife Centre. To the motion. Member from Monfwi.

    Bill 8: An Act to Amend the Student Financial Assistance Act, Carried
    Second Reading Of Bills

    June 12th, 2024


    See context
    Robert Hawkins

    Robert Hawkins Yellowknife Centre

    Thank you, Mr. Speaker. Mr. Speaker, I move, seconded by the Member for Sahtu, that Bill 8, An Act to Amend the Student Financial Assistance Act, be read for a second time.

    Mr. Speaker, this bill amends the Student Financial Assistance Act in increasing the maximum amount of money that can be loaned to a person under the Act from $60,000 to $90,000. Thank you, Mr. Speaker.