(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

    BC Green Party leader visits Wet’suwet’en camps at heart of pipeline conflict

    Adam Olsen calls for better relationship between Canada and First Nations

    Another snowstorm expected for Terrace and Kitimat area

    Wind is expected up to 80 km per hour

    Don’t do anything hasty!

    Kitimat sees a huge jump in property assessment values

    Kitimat man gets 18 months for sexual touching and possession of child porn

    Bradley Scott Sears appeared before court in Terrace after pleading guilty

    Northern B.C. cities break temperature records amid cold snap

    Quesnel dipped to -41.9 C, breaking a record from 1916

    ‘Like an ATM’: World’s first biometric opioid-dispensing machine launches in B.C.

    First-of-its-kind dispensing machine unveiled in the Downtown Eastside with hopes of curbing overdose deaths

    Canucks extend home win streak to 8 with 4-1 triumph over Sharks

    Victory lifts Vancouver into top spot in NHL’s Pacific Division

    B.C. society calls out conservation officer after dropping off bear cub covered in ice

    Ice can be seen in video matted into emaciated bear cub’s fur

    Horgan cancels event in northern B.C. due to security concerns, says Fraser Lake mayor

    The premier will still be visiting the city, but the location and day will not be made public

    B.C. landlord sentenced to two years in jail for torching his own rental property

    Wei Li was convicted of intentionally lighting his rental property on fire in October 2017

    PHOTOS: Eastern Newfoundland reeling, search underway for missing man after blizzard

    More than 70 centimetres of new snow fell overnight, creating whiteout conditions

    Prince Harry, Meghan to give up ‘royal highness’ titles

    ‘Harry, Meghan and Archie will always be much loved members of my family,’ says Queen Elizabeth II

    Calls for dialogue as Coastal GasLink pipeline polarizes some in northern B.C.

    Coastal GasLink is building the 670-kilometre pipeline from British Columbia’s northeast to Kitimat on the coast

    Closed mills, housing surge support a positive forecast for lumber industries

    B.C. lumber producers have closed mills accounting for 18% of province’s capacity, RBC report says

    Most Read