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Ottawa is home to two major Canadian universities and two colleges. Students from all over Canada and around the world make Ottawa their home while studying.
While education is largely a provincial affair, the federal government has a hand in it, and the parties running in the 2021 federal election have platform planks targeting post-secondary education and students, mostly through taxes and the federal portion of student loans. p>
Students from the University of Ottawa, Carleton University, Algonquin College and La Cité can hear this on the Hutings.
The incumbent Liberals offered students some perks prior to the election, including the interest-free suspension of student loan repayments during the COVID-19 pandemic. The Liberals also increased the Canadian student scholarship from $ 3,000 to $ 6,000.
During this election, the Liberal Party promises to keep the Canadian student scholarship at $ 6,000 for another two years. They also promise to spend $ 721 million to help students find jobs.
The Liberals have also announced that they will be changing the student loan repayment aid program so that new graduates will not have to repay their loans until they earn at least $ 40,000 a year.
Conservative leader Erin O’Toole has previously promised new graduates tax breaks of up to $ 100,000 for the first three years after graduation if he becomes Prime Minister. O’Toole also said that students studying engineering, programming, or crafting professions could increase this tax break to $ 200,000 within five years.
The party will also create a post-secondary employment program to help international students stay in Canada.
The NDP runs on a student loan allocation platform. The party says an NDP government would cancel up to $ 20,000 per student in federal debt and eliminate interest on student debt. The party also undertakes to stop loan payments during the COVID-19 pandemic.
The long-term goal of an NDP government would be to work with provinces and territories to limit and eventually abolish college tuition fees to make post-secondary education free.
In the short term, the party promises to double the Canada Student Grant permanently in order to reduce the need for credit.
The Greens said they would make post-secondary education free for everyone by removing tuition fees. A green government would also wipe all federal student debt above $ 10,000.
The party also promises to create green education programs for students. They would also expand the availability of grants for PhD and PhD students.
An earlier version of this article said the Conservative Party is offering tax breaks to new graduates. This was a promise made by Erin O’Toole when he ran to run the Conservative Party. The author of this article apologizes for any confusion.
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