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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
parl.ca ↗

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.

Generated by Gemini ยท may contain errors

Legislative Timeline

2022-10-26
First reading
โœฆ 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

PartyPositionYesNo
BlocNo0%100%
ConservativeYes100%0%
GreenYes100%0%
LiberalNo0%100%
NDPYes100%0%