Will exempt deployed soldiers from paying student loan interest
The federal government tabled Bill C-40 in the House of Commons Monday. The Bill will amendment both the Canada Students Loans Act and Canada Student Financial Assistance Act to give full-time student status to actively deployed reservists for the purposes of student loans.
“Student reservists will appreciate this support,” said Monte Solberg, Minister of Human Resources and Social Development. “It will facilitate the return to studies for reservists once they return home.”
A spokesperson for the Department of National Defense declined comment stating that it would be inappropriate because it’s a political issue before the House of Commons.