Ottawa to Permanently Eliminate Student Loan Interest

Ottawa to Permanently Eliminate Student Loan Interest
Deputy Prime Minister and Finance Minister Chrystia Freeland responds to questions from the opposition after delivering the federal budget in the House of Commons in Ottawa on April 7, 2022. The Canadian Press/Adrian Wyld
The Canadian Press
Updated:
Ottawa plans to make permanent its pandemic-era pause on student loan interest in an effort to reduce some of the current financial pressures on young Canadians as the cost of living rises.
As part of its fall fiscal update tabled Thursday, the federal government outlined plans to permanently eliminate interest on all federal student loans and apprentice loans including loans currently being repaid.