(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

    Crews building structure at former Summerland train station site

    West Summerland Station will pay tribute to railway history, serve as trail marker

    $30,000 over 30 weeks for local causes

    Send us your good stories and you could win money for your favourite cause

    Additional Penticton washrooms open in time for weekend

    Washrooms at Riverside, Skaha Lake Park, Okanagan Lake Park, more, now open

    Tap Truck Okanagan launches as first location in Canada

    The business is built on a restored 1957 Chevy panel van and ready to serve craft beer on tap, wine or cider

    First day back; attending elementary school amid COVID-19

    “… Social connections are certainly important for kids,” said Carmi principal Dave Ritchie.

    VIDEO: B.C. dentist gets grand welcome home after two months in hospital fighting COVID-19

    Michael Chow was given a surprise send off by hospital staff and ‘welcome home’ from neighbours

    ‘Like finding a needle in a haystack’: Ancient arrowhead discovered near Williams Lake

    The artifact is believed to be from the Nesikip period between 7,500 BP to 6,000 BP

    Indigenous families say their loved ones’ deaths in custody are part of pattern

    Nora Martin joins other Indigenous families in calling for a significant shift in policing

    Friends, family mourn Salt Spring Island woman killed in suspected murder-suicide

    A GoFundMe campaign has been launched for Jennifer Quesnel’s three sons

    PHOTOS: Anti-racism protesters gather in communities across B.C.

    More protests are expected through the weekend

    Indigenous chief alleges RCMP beat him during arrest that began over expired licence plate

    Athabasca Chipewyan Chief Allan Adam calling for independent investigation

    ‘I’m pissed, I’m outraged’: Federal minister calls out police violence against Indigenous people

    Indigenous Minister Marc Miller spoke on recent incidents, including fatal shooting of a B.C. woman

    UPDATED: Pair accused of ‘horrific’ assault at Vancouver’s Oppenheimer Park arrested

    Police say Jason Tapp, 30, and Nicole Edwards, 33, did not show up to meet their bail supervisor this week

    Most Read