(Photo: twitter.com/CPAC_TV)

Federal election

Trudeau talks two-year grace period on student loans while visiting B.C.

Trudeau spoke about the Liberals’ plan to ‘make education more affordable for students’

Liberal leader Justin Trudeau stopped at SFU Surrey on Friday to highlight the party’s education platform ahead of the Oct. 21 federal election.

“It’s great to be back in Surrey on the first day of advanced polls to talk about what a re-elected Liberal government will do to help young people get ahead,” Trudeau said to open his talk in Surrey.

Trudeau focused on the Liberals’ plan to “make education more affordable for students,” noting that many young people are forced to take loans and get a job to help pay for tuition, textbook, rent and other bills.

A re-elected Liberal government, Trudeau said, would introduce a two-year grace period for the repayment of student loans following graduation.

ALSO READ: 57% of British Columbians think voting should be mandatory

“That means no payments and no interest when you first enter the job market,” said Trudeau.

After that, Trudeau said a Liberal government would ensure new grads wouldn’t have to start repaying their loans until they’re earning at least $35,000 a year and if their income ever falls below this level, their payments would be put on hold.

Trudeau also highlighted the Liberal promise to cut cell phone bills by 25 per cent.

The Liberals promise that if re-elected they would increase Canada Student Grants, reduce interest costs on Canada Student Loans, improve the repayment assistance program, and give “more help” to adult students and people receiving EI, according to campaign literature.

The party also promises to establish a “more generous” Canada Student Grants and more affordable and flexible student loans.

ALSO READ: Advance voting in 2019 federal election begins

“We will give full- and part-time students up to $1,200 more per year, through increased Canada Student Grants,” notes the party’s platform.

New parents would also be allowed to “pause” their student loan repayments, interest-free, until their youngest child reached the age of five. New parents who have graduated but haven’t yet finished paying off their student loans would also be enabled to “hit pause” until their child turns five.

    Get local stories you won't find anywhere else right to your inbox.
    Sign up here

    Just Posted

    Province, feds, Wet’suwet’en announce progress in MOU talks

    Community engagement process launched to implement northern B.C. First Nation’s rights and title

    Province, feds, Wet’suwet’en announce progress in MOU talks

    External community engagement process launched to help implement Wet’suwet’en rights and title

    Route announced for the Great Regional Air Hug of 2020

    Aircraft will be departing from the Vanderhoof Municipal Airport at 12 p.m. on Aug. 15

    “Let’s break the silence because we can”

    Missing and Murdered Indigenous Women’s awareness walk held Saturday in Fort St. James

    STANDING TALL: Forestry workers meet the challenges, remain hopeful

    A look at the forest sector in B.C. – and those hoping for the best – amid mill curtailments

    578 British Columbians currently infected with COVID-19

    Seventy-eight new cases confirmed in past 24 hours

    WE Charity registers as lobbyist, lays off staff, looking to sell real estate

    WE Charity said its financial position has been greatly affected by the COVID-19 pandemic

    Conservation seizes fawn illegally kept captive in Vancouver Island home

    A Comox Valley resident charged and fined under the Wildlife Act

    Pandemic could be driving more parents to get on board with flu shot: study

    University of B.C. study gauges willingness for parents to vaccinate children for influenza

    Watchdog clears Okanagan RCMP in death of man after arrest over alleged stolen pizzas

    The man died in hospital after having difficulty breathing and broken ribs

    Have you seen Berleen? B.C. pig destined for sanctuary goes missing

    Berleen was less than two weeks from travelling to Manitoba when she vanished

    Health Canada says several kids hospitalized after eating edible pot products

    People warned not to store cannabis products where children can find them

    ‘It’s not just about me’: McKenna cites need to protect politicians from threats

    Police investigation was launched after someone yelled obscenities at a member of McKenna’s staff

    Most Read