C-328Student Debt Relief Act

What it does

• Requires the Minister of Employment and Social Development, with provincial education officials, to develop a national strategy to reduce student loan debt.
• Requires the strategy to assess cancelling government student loan debt, removing interest from government student loans, increasing non-repayable student grants, and lowering post-secondary costs.
• Requires the minister to hold at least one conference with provincial education representatives while developing the strategy.
• Requires a report setting out the strategy to be tabled in Parliament within one year after the act comes into force, and posted online within 30 days.
• Requires a later review of the strategy, with findings and recommendations reported to Parliament, within three years after the first report has been tabled in both Houses.