(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.

    Just Posted

    Bear raids freezer, gorges on Christmas baking

    Hungry bruin virtually ignored meat and fish, focused, instead, on the sweets

    Design work for seismic upgrade of John Hart Dam continues

    BC Hydro’s planned seismic upgrades to the John Hart Dam are targeted… Continue reading

    Residents escape fire in Campbell River mobile home

    CR Firefighters respond to mobile home fire this morning. No injuries reported.… Continue reading

    Where’s the line between furniture and art?

    Local timber framer Chris Zumkeller makes foray into the world of fine art with wood creations

    Future of Campbell River Sportsplex will go to public consultation

    ‘We have buckets on the floor to catch the leaks in the roof. That’s unpalatable to me’

    VIDEO: Boys help rescue Cariboo bear cub

    The cub, weighing just 24lbs, has been taken to wildlife sanctuary in Northwest B.C. for the winter

    ‘Things haven’t changed enough:’ Ecole Polytechnique anniversary prompts reflection

    Fourteen women were fatally shot by a gunman at the Montreal school on Dec. 6, 1989

    B.C. pharmaceutical company’s stocks double in value after successful lupus drug trial

    More than 40 per cent of patients using voclosporin saw improvements in kidney function

    Second warning on romaine lettuce from California region as another E. coli case reported

    Two cases of E. coli have been reported in relation to the illness in the U.S.

    Residents in B.C. city could face 133% tax hike in ‘worst case’ lawsuit outcome: report

    An average home could see a tax increase of $2,164 in one year

    B.C. Transit finds 28 used fareboxes online, saves $300,000

    ‘Someone joked maybe we can buy used fareboxes on eBay,’ CEO says

    Many of Canada’s working poor can’t afford lawyers, don’t qualify for legal aid

    One lawyer says many people earn too much to qualify for legal aid, but not enough to really live on

    Economy lost 71,200 jobs in November, unemployment rate climbs to 5.9%

    Jobless rate is at its highest since August 2018, when it hit 6%

    BC Hydro reservoirs see record low rain across Vancouver Island

    Hydro electric watersheds are at a third of their normal levels

    Most Read