SoVote

Decentralized Democracy

Kevin Vuong

  • Member of Parliament
  • Member of Parliament
  • Independent
  • Spadina—Fort York
  • Ontario
  • Voting Attendance: 62%
  • Expenses Last Quarter: $144,966.01

  • Government Page
moved for leave to introduce Bill C-301, An Act to amend the Canada Student Financial Assistance Act, the Canada Student Loans Act and the Apprentice Loans Act (interest on student loans). He said: Mr. Speaker, I am pleased to rise today to introduce my private member's bill, which seeks to eliminate interest on Canada student loans and Canada apprentice loans. This bill will assist Canadian students trying to obtain a post-secondary education and their families with the high cost of education. Especially during high interest rates, high inflation and soaring food costs, removing the interest on these loans will lessen their financial burden and provide students with the opportunity to obtain good-paying jobs in the future. Anything that reduces financial barriers to education and creates a better taxpayer will reap dividends for our nation. There is no better investment for our country than Canada's youth.
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  • Sep/23/22 12:06:37 p.m.
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Mr. Speaker, in 2021, the Liberals campaigned on the promise to eliminate interest on Canada student loans. Today, the government is poised to increase interest rates in April, adding an average of $600 to student loan payments. Is this just another example of the government's smoke and mirrors and failure to honour its promises to Canadians, just like its inability to combat rampant inflation, high interest rates and soaring food costs?
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