Thank you, Madam Chair. The Standing Committee on Social Programs has completed its review of Bill 12, an Act to Amend the Students Financial Assistance Act. The Department of Education, Culture, and Employment needs to amend the Act to increase the working capital in the student loan fund. The bill increases the ceiling from $18 million to $20 million in 1996/97 and $21 million in 1997/98. The growth in the number of students accessing the various types of students loans means there is insufficient working capital in the file to support the number of loans being requested. When the Standing Committee approved the 1996/97 main estimates for the...
Michael Miltenberger on Committee Motion 46-13(4): To Amend Sub-clause 3(6) Of Bill 7: Municipal Statutes Amending Act
In the Legislative Assembly on March 4th, 1997. See this statement in context.
Committee Motion 46-13(4): To Amend Sub-clause 3(6) Of Bill 7: Municipal Statutes Amending Act
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
March 4th, 1997
Page 1095
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