Jackson Lafferty Monfwi

Mr. Speaker, I move, seconded by the honourable Member for Deh Cho, that Bill 7, An Act to Amend the Student Financial Assistance Act, be read for the second time.

Mr. Speaker, this bill amends the Student Financial Assistance Act to raise the maximum aggregate of the principal amounts of all student loans that may be made by the Government of the Northwest Territories by $3 million for fiscal year 2009–2010 and thereafter. A minor amendment is also made to

one provision to improve the French version of the term “ordinary place of residence.”