Maal
      pace
     
    
   
   
    
     
      "We've
      also
      brought
      in
      income
      tax
     
     
      credits
      for
      students.
      We've
      basically
     
     
      said
      that
      if
      students
      have
      trouble
     
     
      paying
      back
      a
      loan,
      we'll
      give
      them
     
     
      deferments,
      both
      of
      interest
      and
     
     
      then
      ultimately
      of
      principal.
      In
      fact,
     
     
      we
      are
      allowing
      students
      to
      write
     
     
      off
      half
      the
      loan
      in
      10
      years
      if
      they
     
     
      can't
      pay
      it
      back.
      So,
      essentially
      the
     
     
      whole
      purpose
      [of
      exempting
     
     
      students
      from
      the
      bankruptcy
      act]
     
     
      is
      to
      help
      students
      not
      have
      to
      go
     
     
      into
      bankruptcy."
     
    

    
     
      On
      the
      subject
      of
     
     
      what
      he
      believes
      to
      be
      the
      private
     
     
      sector's
      role
      in
      the
      on-going
      financial
     
     
      support
      for
      universities,
      Martin
     
     
      spoke
      of
      a
      partnership
      between
     
     
      corporate
      and
      academic
      Canada.
     
    

    
     
      Through
      initiatives
      like
      the
     
     
      Canadian
      Foundation
      for
      Innovation
     
     
      (CFI),
      Martin
      said
      Ottawa
      would
     
     
      pay
      that
      portion
      of
      the
      partnership's
     
     
      costs
      that
      the
      university
      could
      not
     
    
   
   
    
     
      pay.
     
    
   
   
    
     
       
     
    
   
   
    
     
      The
      inception
      of
      the
      CFI,
     
     
      according
      to
      Martin,
      was
      in
     
     
      response
      to
      universities
      contacting
     
     
      the
      government
      wanting
      to
      engage
     
     
      in
      work
      with
      the
      private
      sector,
      but
     
     
      being
      unable
      to
      do
      so
      asa
      result
      be
     
     
      ofa
      lack
      of
      money.
     
    

    
     
      But
      Martin
      also
      said
      he
     
     
      believes
      strongly
      in
      the
      continued
     
     
      role
      of
      government
      as
      principal
     
     
      financier
      for
      basic
      research,
      and
     
     
      applied
      research
      that
      may
      not
      be
     
     
      attractive
      to
      the
      private
      sector.
     
    

    
     
      "T
      think
      that
      money
      is
      scarce
     
     
      and
      it
      is
      important
      to
      have
      a
     
     
      multitude
      of
      sources
      of
      funding,"
      he
     
     
      said.
     
    

    
     
      "But
      I
      think
      that
      it
     
     
      is
      very
      important
      to
      maintain
      a
     
     
      university's
      independence.
      I
      don't
     
     
      think
      that
      universities
      should
      be
     
     
      beholden
      to
      anybody
      whether
      it's
     
     
      the
      private
      sector,
      or,
      in
      fact,
     
     
      government."
     
    

    
     
      He
      described
      a
      free
     
    
   
   
    
     
      iAH
      ii
      page
      9
     
    
   
   
    
     
       
     
    
   
   
    
     
      university
      system
      as
      one
      of
      the
     
     
      "essences"
      of
      a
      modern,
      liberated
     
     
      society.
     
    

    
     
      "I
      would
      not
      want
      to
      see
      the
     
     
      private
      sector
      dictating
      the
      future
      of
     
     
      our
      university
      system,
      and
      I
      believe
     
     
      that
      can
      be
      controlled,"
      Martin
      said.
     
     
      "Where
      the
      private
      sectors
     
     
      prepared
      to
      put
      up
      money,
      as
      long
     
     
      as
      it
      doesn't
      constrain
      the
     
     
      university's
      freedom
      I
      think
      it
      is
      a
     
     
      legitimate
      thing
      to
      do."
     
    

    
     
      As
      to
      whether
      his
     
     
      government
      is
      doing
      enough
      to
      keep
     
     
      educated
      young
      Canadians
      from
     
     
      moving
      to
      the
      United
      States,
      Martin
     
     
      believes
      the
      battle
      to
      keep
     
     
      Canadians
      in
      Canada
      is
      primarily
      a
     
     
      "function
      of
      opportunity."
     
    

    
     
      He
      further
      believes
      his
     
     
      government
      has
      made
      great
      strides
     
     
      to
      support
      small
      business
      and
     
     
      promote
      ideas
      in
      an
      effort
      to
      present
     
     
      sufficient
      reason
      for
      Canadians
      to
     
     
      stay
      in
      this
      country.
     
    

    
     
      Martin
      also
      believes
      the
      flow
     
     
      of
      young
      minds
      in
      and
      out
      of
      the
     
     
      country,
      and
      the
      arrival
      of
      foreign
     
    
   
   
    
     
      minds
      in
      Canada
      from
      abroad,
      is
     
     
      important
      for
      growth
      and
     
    
   
   
    
     
      development.
     
    

    
     
      "In
      a
      border-less
      world,
     
     
      young
      people
      are
      constantly
      going
     
     
      to
      look
      for
      their
      opportunities,
      and
     
     
      some
      are
      going
      to
      leave,
      and
      people
     
     
      from
      abroad
      are
      going
      to
      come
     
     
      here,
      and
      some
      of
      the
      people
      who
     
     
      have
      gone
      abroad
      will
      stay
      and
      then
     
     
      they'll
      come
      back."
      Martin
      said.
     
     
      "There
      is
      nothing
      the
      matter
      with
     
     
      a
      young
      person
      leaving
      the
      country
     
     
      for
      10
      years
      and
      then
      coming
      back
     
     
      and
      bringing
      all
      those
      skills
      here
      and
     
     
      the
      same
      thing
      in
      reverse."
     
    

    
     
      Ultimately,
      Martin
      wants
     
     
      Canada
      to
      be
      the
      destination
      for
     
     
      graduates
      and
      young
      people
      from
     
     
      this
      country
      because
      they
      can
     
     
      accomplish
      all
      their
      goals,
      financial
     
     
      or
      personal,
      here.
     
    

    
     
      He
      concluded
      by
      making
      a
     
     
      personal
      commitment
      to
      keeping
      the
     
     
      development
      of
      education,
      and
     
     
      increasing
      student
      financial
      aid
      at
      the
     
     
      top
      of
      his
      priorities.
     
    
   
   
    
     
       
     
    
   
   
    
     
       
     
    
   
   
    
     
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