Budget 2021 will also help young Canadians make it through this crisis by:
Waiving interest on federal student loans for an additional year, which would help about 1.5 million Canadians.
Providing more flexibility for the repayment of federal student loans, so no one has to make a payment they cannot afford
Doubling the Canada Student Grants for two extra years to help over 580,000 students cover the cost of their tuition, school supplies, and living expenses;
Creating 215,000 new training and work opportunities for young Canadians, so they can gain valuable skills and experience in the workforce;
Creating a new Apprenticeship Service that will help first-year apprentices in construction and manufacturing Red Seal trades connect with opportunities at small and medium-sized employers;
Launching the Canada Digital Adoption Program, which will match businesses with digital trainers and create work opportunities for more than 28,000 young people; and
Expanding access to supports, grants, and repayment assistance for students with disabilities
Visit budget.gc.ca for more information.
