Bill Detail
An Act to amend the Canada Student Financial Assistance Act, the Canada Student Loans Act and the Apprentice Loans Act (interest on student loans)
BillC-301
Session44-1
StageOutside Order of Precedence
Introduced2022-10-26
Proposed byKevin Vuong
This enactment amends the Canada Student Financial Assistance Act, the Canada Student Loans Act and the Apprentice Loans Act to eliminate interest on student loans and apprentice loans.
✦ AI Summary
This bill proposes to eliminate interest on federal student loans and apprentice loans in Canada. Currently, students and apprentices taking out loans to fund their education or training may be charged interest, adding to the overall cost of their education. If passed, this legislation would remove that interest burden, making these loans more affordable for borrowers.
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Legislative Timeline
2022-10-26
First reading
โฆ AIBill proposes eliminating interest on student and apprentice loans.
Current
Outside Order of Precedence
Votes
Vote #: 183
Date: 2016-12-13
Result: Failed
Yes: 125
No: 179
Yes / No Ratio
Yes41.1%
No58.9%
How each party voted
| Party | Position | Yes | No |
|---|---|---|---|
| Bloc | No | 0% | 100% |
| Conservative | Yes | 100% | 0% |
| Green | Yes | 100% | 0% |
| Liberal | No | 0% | 100% |
| NDP | Yes | 100% | 0% |