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e-2928 (Education and training)

Initiated by Patty Facy from Toronto, Ontario

Original language of petition: English

Petition to the Government of Canada

  • The Canadian Government introduced a freeze on federal student loan payments and interest from March 30 toSeptember 30 as a result of the COVID-19 pandemic;
  • This payment freeze overlapped with the pre-existing six-month non-repayment period ofApril 30 to October 30 for Spring 2020 graduates, offering no additional benefit to postsecondary students graduating during the pandemic;
  • More than one in three postsecondary students had a work placement cancelled or delayed as a result of the COVID-19 pandemic (Reynolds, 2020);
  • The unemployment rate for youth in Canada rose from 10.3% in February 2020 to a historical high of 29.4% in May 2020 (Frenette et al., 2020);
  • This year’s class of high school and post-secondary degree graduates are projected to lose $25,000 or more over the next five years as a result of the impact of COVID-19 on the Canadian economy (Frenette et al., 2020);
  • More than half of postsecondary students graduated this year with an average of $28,000 in student loan debt (McKenzie-Sutter, 2020);
We, the undersigned, residents of Canada, call upon the Government of Canada to extend the federal student loan non-repayment period for students graduating in 2020 by an additional six months, so that students graduating during the COVID-19 pandemic may benefit from the same six-month freeze on federal student loans and interest offered to other Canadian student loan borrowers earlier this year.
Open for signature
November 3, 2020, at 2:27 p.m. (EDT)
Closed for signature
February 1, 2021, at 2:27 p.m. (EDT)
Photo - Daniel Blaikie
New Democratic Party Caucus
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