Canada Student Loan Bankruptcy Legislation

A private member’s bill was introduced in the House of Commons on October 20, 2004. Bill C-236, An Act to amend the Bankruptcy and Insolvency Act (student loan), was introduced by Alexa McDonough, the Member of Parliament for Halifax.

In her bill she proposes that all student loans two years and older be automatically discharged in a bankruptcy. The current status of this bill is available from the Library of Parliament’s web site.