No student loan repayments until income of $40k: feds
No student loan repayments until income of $40k: feds

 By Rhythm Rathi  Local Journalism Initiative Reporter Canadian post-secondary students and apprentices no longer have to begin repaying their school loans until they make an annual income of at least $40,000, Canada’s Labour Minister Seamus O’Regan announced in Saint John on Thursday afternoon. O’Regan announced the new policy, which took effect on Nov. 1, during a visit to the New Brunswick Community College (NBCC) campus on Grandview Avenue. He was joined by NBCC president Mary Butler and Saint John-Rothesay MP Wayne Long. “We need to create more opportunities for young people starting this year and if we could alleviate some of that burden then we will,” O’Regan said at the announcement.   In addition to this, O’Regan announced the federal government will spend $802 million over three years on a

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