NDP on Saturday said it will push the Liberal government to cancel up to $20,000 in federal student loan debt per Canadian, as part of its plan to help young people struggling financially amid the COVID-19 pandemic.NDP Leader Jagmeet Singh is due to announce the plan at the virtual Young New Democrats Convention Saturday afternoon.
Graduates call for extension to freeze on federal student loan payments The plan also includes giving new graduates a five-year head start without having to repay any federal student loans.“Young people in Canada have been among the hardest hit (by the pandemic) and have had to make fundamental shifts in their education, employment and financial situations,” Singh said in a statement.“An education should help.