(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.

    Just Posted

    Downtown Victoria tea shop switches to plastic tea bags

    Murchie’s Tea and Coffee says the transition is temporary

    Indigenous artist challenges people to re-assess environments with new project

    The ‘Indigenous Illuminations’ transforms the ordinary into something new

    Dog memorial at Esquimalt Lagoon encourages living in the moment

    Owner of Jazz the black lab sets up tennis ball memorial one year after dog’s death

    Second puppy killed by poisonous mushrooms in Victoria

    Springer spaniel puppy died after consuming mushrooms in Fairfield neighbourhood

    Western Speedway racing legend ‘The Flying Plumber’ turns 98

    Dave Cooper recalls car crashes, his first win, and more

    WATCH: Greater Victoria’s top stories of the day

    A round-up of the day’s top stories

    POLL: Do you think the day of the federal election should be a statutory holiday?

    Increasing voter turnout has long been a goal of officials across the… Continue reading

    Woman, 24, faces life-altering injuries after being dragged 4 blocks by vehicle in Vancouver

    A gofundme account says the woman will have to undergo multiple complex surgeries

    Frustration and pride in Canada after a year of legal pot

    It’s one year into Canada’s experiment in legal marijuana, and hundreds of legal pot shops have opened

    West Kelowna business facing charges after six bears killed over littering

    A West Kelowna business has been charged for leaving garbage around Lake Okanagan Resort

    Fatal overdoses down by 33% in B.C., but carfentanil deaths continue to spike

    Carfentanil, an illicit drug more powerful than fentanyl, causing more deaths than ever

    Two RCMP vehicles vandalized in Duncan over long weekend

    Local Mounties asking for help in finding culprits

    Most Read