(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

    Interior Health leading the way with innovative therapy for stroke patients

    Percentage of ischemic stroke patients who received treatment has risen dramatically

    Interior Health issues drug alert in Cranbrook, warns of MDMA overdoses

    There have been recent reports of multiple overdoses with severe outcomes in Cranbrook.

    From the Peanuts gallery

    PCSS presents What’s It All About, Charlie Brown?

    Kootenay-Columbia MP urges end to ‘illegal roadblocks’ in solidarity with pipeline dispute

    Rob Morrison says protestors across Canada need to remove roadblocks on roads, rail lines

    New ‘hub’ model takes regional approach to doctor recruitment in West Kootenay

    Kootenay-Boundary a provincial leader in effectively attracting doctors to work here

    Fashion Fridays: Tammy’s big makeover

    Kim XO, helps to keep you looking good on Fashion Fridays on the Black Press Media Network

    Ryan nets hat trick in return as Senators beat Canucks 5-2

    Ottawa winger received assistance for admitted alcohol problem

    Wet’suwet’en hereditary chiefs meet with provincial, federal ministers

    Neither party speaking on the groundwork laid for tomorrow’s talks

    Speaker ‘will not tolerate illegal activity’ on B.C. legislature grounds, says chief of staff

    Chief of staff to the B.C. speaker Alan Mullen says situation with demonstrators appears ‘fluid’

    MPs to examine privacy implications of facial-recognition technology used by RCMP

    The MPs will look at how the technology affects the privacy, security and safety of children

    Dates back to 2009: Calgary police lay charges in fraud involving semi-trucks

    Three people from Calgary are facing charges that include fraud over $5,000

    Wet’suwet’en hereditary chiefs optimistic ahead of talks with feds, province

    Discussions with provincial and federal governments expected to start later today

    ‘The project is proceeding’: Horgan resolute in support of northern B.C. pipeline

    B.C. premier speaks as talks scheduled with Wet’suwet’en hereditary chiefs

    Most Read