(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

    Vince Schnabl looks at the view this October from the Gorge, west of Revelstoke. (Photo by Jon Wichett)
    There’s 3 times more snow near Revelstoke than usual

    According to 54 years of data from Parks Canada for Glacier National Park

    Mail in ballot, provincial election 2020. (Liam Harrap/Revelstoke Review)
    Mail-in-ballots coming in from Columbia River Revelstoke

    In a progress report Elections BC said around 45 per cent of those issued have been returned

    Mayor Gary Sulz (centre) cuts the ribbon for the new roundabout. Councillor Jackie Rhind (left) and Councillor Cody Younker (right) are on either side. (Liam Harrap/Revelstoke Review)
    Revelstoke’s newest roundabout opens on Victoria Rd.

    The project took approximately six months to complete

    Revelstoke Drill Hall as it looked July 19, 1970; current home of Trans-Canada Fitness. (Estelle Dickey/Revelstoke Museum and Archives photo 392)
    Glimpses of Revelstoke’s past for Oct. 29

    Local history straight from the newspaper archives

    A bumble bee explores a blooming sitka valerian near the summit of Mount Revelstoke. (Nathan Kunz/Revelstoke Review)
    Stoked on Science: The A – Z-B is for Bees, including now, me

    Stoked on Science Jade Harvey-Berrill B is for bees. A marvellous little… Continue reading

    Burnaby RCMP responded to a dine-and-dash suspect who fell through a ceiling in March 2020. (RCMP handout)
    VIDEO: Suspected dine-and-dasher falls through ceiling of Burnaby restaurant

    A woman believed to be dashing on her restaurant bill fell through the kitchen ceiling

    Homes in Summerland have been among the households in Canada to participate in radon testing. (TakeActiononRadon.ca)
    Testing finds 38 per cent of Summerland homes have unsafe radon levels

    Okanagan community one of 15 involved in national testing program

    RCMP. (Phil McLachlan - Capital News)
    Kelowna has Canada’s fastest-growing crime rate, most opioid offences per-capita

    Greater Kelowna’s violent crime rate skyrocketed nearly 60 per cent

    RCMP are investigating a trailer fire off Firwood Road on the Westside, discovered Oct. 27. (Google maps image)
    RCMP investigate Westside trailer fire

    Burned trailer discovered by RCMP Oct. 27 near Fintry

    A deer was spotted in October 2020 in Prince Rupert, B.C., with a bright pink yoga ball stuck in its antlers. (Kayla Vickers/Chronicles Of Hammy The Deer Official Page)
    Hammy 2.0? Prince Rupert deer spotted with bright pink yoga ball stuck in antlers

    The BC Conservation Officer Service is aware of the deer roaming around the city

    Myra Canyon SCARE park is located in Kelowna, British Columbia. (Photo - Twila Amato)
    VIDEO: Kelowna scare park cranks up the horror

    Open Oct. 29 to Oct. 31 from 5:30 p.m. to 10 p.m.

    Join Black Press Media and Do Some Good

    Pay it Forward program supports local businesses in their community giving

    Bear sightings have been reported in a residential area in Summerland in late October. The Conservation Officer Service is urging people to take measures so bears are not drawn to the area (Black Press file photo)
    Bear sightings reported from Summerland neighbourhood

    Conservation Officer Service urges people not to leave garbage outside

    Hirdeypal Batth, 24, has been charged with sexual assault and forcible confinement in relation to an incident in August 2020. (VPD handout)
    Man, 24, charged with sex assault after allegedly posing as Uber driver in Vancouver

    Investigators believe there could be more victims outside of the Vancouver area

    Most Read