Thank you, Mr. Speaker. Yes, I believe our program has a lot of incentives for our students who do have a forgiveness loan. We also have zero per cent interest on loans, and the Northern Bonus, as the Member alluded to. Mr. Speaker, because the Northern Bonus is classified as a grant, therefore it is a taxable benefit and recipients are issued actually a T4A slip.
I want to let the Member know that our department is currently reviewing this program, the Northern Bonus program, to determine if there are any alternative ways to provide this benefit without the tax implication on the students. For Members, the Northern Bonus is to try to bring students to the Northwest Territories and they are allotted up to $2,000 per year to pay off their student loans, to a lifetime maximum of $10,000. As I said, we will be reviewing this specific Northern Bonus program to see if there are any changes that we can do to include it without a tax implication. Thank you, Mr. Speaker.