(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

    Disrespectful that Horgan won’t meet during northern B.C. tour: hereditary chief

    Na’moks said he was frustrated Horgan didn’t meet with the chiefs

    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

    Premier Horgan announces business plan approval for new hospital in Fort St. James

    The new hospital in the district is aimed to be open to patients by 2024

    Horgan cancels event in Fraser Lake due to security concerns, says mayor

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

    Third annual Lego Robotics challenge held in Vanderhoof

    Technology is going to be a big part of our students’ futures, says elementary school teacher

    After cashing in on QB gambles, Chiefs and 49ers to clash in Super Bowl

    KC beats Tennessee, San Francisco dispatches Green Bay to reach NFL title game

    B.C. VIEWS: Few clouds on Horgan’s horizon

    Horgan’s biggest challenge in the remainder of his term will be to keep the economy humming along

    Victoria family focuses on ‘letting go, enjoying time together’ after dad gets dementia

    Walter Strauss has developed an interest in music and now takes line dancing classes

    B.C. forest industry grasps for hope amid seven-month strike, shutdowns, changes

    Some experts say this could be worse for forestry than the 2008 financial crisis

    Northern B.C. RCMP investigating alleged sexual assault in downtown Smithers

    One person was transported by ambulance to hospital following RCMP investigation at Sedaz

    UBC, Iranian-Canadian community create memorial scholarship in honour of victims

    The Jan. 8 crash killed 176 people, including 57 Canadians

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

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

    Most Read