We’re approaching the point at which we tip over and slide beneath the waves.
We’re permanently eliminating interest on federal student and apprenticeship loans.
— Liberal Party (@liberal_party) November 3, 2022
Just so you understand — that’s a political party, and not the government, making this announcement.
The new global mantra from the WEF left is:
“We’re gonna do this and you can’t stop us”.
So, it’s time we reoriented their understanding, and eradicated their infrastructure within the public sector around the world. Time to depoliticize the institutions. All. of. Them.
Precisely.
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“We’re permanently eliminating interest on federal student and apprenticeship loans.”
TRANSLATION:
We are passing on yet another horrendous expense to the Canadian taxpayer in aggregate.
They’re just apathetic sheep… they won’t mind.
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The Liberal party makes the announcement that “we’re” abolishing interest payments on student loans, because our somnolent, paid-for media could care less about such sleazy boasting.
When the Liberals make an announcement, it doesn’t mean they’ll actually do it.
They just want the publicity.
For example, lower cell phone rates were promised with great fanfare.
Anyone actually have lower cell phone rates?
Perfect time for that 52nd Gender Study major with a minor in West Coast Indigenous grievances.
The Liberals have gone full Sharia?
They’ve certainly guaranteed no federal student loan will ever be repaid.
Most Canadians don’t think there is any difference between them. The public service certainly doesn’t. Nor does academia. And not even the RCMP. We are for all intents and purposes a one party state just as much as the USSR was.
I own 100% equity in my home. Will I get back all the interest I had to pay out during the term of the mortgage? I financed my last car purchase (15 years ago) by leveraging my house through a secured line of credit. What about the interest I had to pay for that? I paid back ALL of my student debt within 5 years of graduating. When will I see a credit for the interest payments I made for my education?
Meanwhile…
It appears I will still be paying for the interest of students currently financing their own education through my tax payments. It seems that even though I don’t owe any debt, I’m still paying the interest for someone else’s debt.
How is this fair?
It’s not meant to be fair, it’s meant to create and assist Liberal voters.
FILTHY LIBERALS hate you. Figure it out. Everything they do, hurts you. FILTHY LIBERALS.
It isn’t but there aren’t any Romanians around to make Justin care.
What a great way to eliminate inflation!
We agree Allan S, my thoughts exactly.
Which perfectly illustrates exactly WHY this was done … now. Because the Central Banks are jacking UP interest rates … and the students will soon experience their loan payments going UP … UP … UP.
This was the only option to save Leftist votes. Insulate these kids from the STUPID decisions and actions of your IDIOT Fascist Totalitarian WEF-jackbooted government.
Just like many of their parents do ……. Modern Liberals know what their doing.
It sucks but they take the easiest route’s excuses and free stuff.
Without interest and penalties, what incentive is there for people to pay back their loans?
Bingo Grey – theres not any incentive. Its loan forgiveness without having to say so, so they don’t experience too much blow back from the tax paying populace.
The policy incentivizes not paying debt, but I don’t think most people realize that being in debt to the government over the long term might have implications for accessing government services. Why should the government issue a passport until your debt is paid? What about maternity benefits? Or subsidized child care? Should that hip surgery really be an option for you? This feels like a road to slavery that everyone happily runs down.
Not paying debt is a good Liberal practice; leave it to the Conservatives to do that.
National Post reports that Blackie’s CBC will get 42 million dollars to recover from the pandemic.
That’s their kind of booster shot in the pocketbook. Repeated doses will be required.
As long as it’s the Liberal party paying the interest and not the government.
I think there’s a legal case to be made for that actually, since it’s the Liberal party making the announcement and not the Canadian government. Seems like a contract to me.
By the way, it would be nice if the Liberal party paid my mortgage interest too. Hell, just pay off the whole damn mortgage.
Its the liberal way: Punish success and reward failure.
Cons do it too. Taxpayers are easy marks for all politicians and bureaucrats. We have a comfortable life and we will suffer having our pockets picked clean rather than risk losing it.
As long as we keep working and earning enough to keep a roof over our heads and food on the table our rulers will take from us whatever they desire and we will grumble about it.
Not sure what the answer is.
The answer is anarcho-capitalism, but people are scared of freedom, and are happy to fund goons to trample the rights of people engaging in economic activity that they don’t like, from selling drugs and guns to single smokes to prostitutes. The only difference between the Canadian left and right is who they wanna sick their rabid dogs on.
Everyone who has a Twitter account should go and thank the liberal party of canada for agreeing to pay the cost of interest on federal student and apprenticeship loans!
/yes, I know that’s not what they mean, and most people don’t have federal loans anyway
Is this like releasing/abolishing any pot possession charges/incarceration for simple possession in a fed prison/court?
Is anybody affected?
Or just another perk for the civil servant sector?
Waytogo Jagmeet! Scores on own net, one mo fo da Libz.
The WEF have you clowns right where they want you, arguing over policy minutia.
Be it this, native “reparations”, homelessness, gun rights, health care, etc.
You are getting what you deserve, good and hard.
Aw, look at the twatwaffle talking like a man. Too bad you can’t back up the tough talk, twink-boy.
Lol…
Colon and his sock-puppets at it again, using my handle, to boot. Classy.
The UN SC (England, France, the USA and the UK) votes to shut down probe into Ukraine bio-weapon labs, because they have nothing to hide.
https://www.youtube.com/watch?v=DfwQzbNvBHc
My mortgage identifies as a student loan.
Of course there was no need for parliament to approve this expenditure.
During Covid, when Dear Leader emerged once a day to announce another 10 million or so to cast into the void du jour, was there any parliamentary oversight?
Heck, why have a parliament at all? Questions about hotel rooms are never answered, requests for who got the arrive app money brings forth diatribes on Ontario using the notwithstanding clause…
And as our national debt doubled, we never even had a budget.
It’s good to be king!
Even the media plays along – trying to oust Blacklock from the press gallery because they dared to ask for transparency re. gov’t grants to media.
Last I checked, that was our money. Why can’t we know where it is going?
And now JT is off on another jaunt to avoid parliament.
Like I said, why have a parliament at all? That system only works if you have honorable people in charge.
“Snort…guffaw..”
The Liberals seem to be proud of their fiscal sense for only having a 92 billion deficit for the year. I recall when having a 6 billion deficit was something to worry about. Didn’t we actually have a surplus during some of the Harper years? Or maybe it was deficits under $6 billion. Harper, come back, you got us through the 2008/2009 financial debacle.
“It’s good to be king!”
Or Queen. (Mary)
Governor General’s week-long Middle East trip cost taxpayers $1.3 million
The Trudeau Foundation is part of the Global Satanic Communist Federation of Earth…
We’re paying them to do all of this to us…
Who’s the stupid one…
Time will tell…
47+ US biolabs in the Ukraine, that the US taxpayer is paying for.
The sock-puppet crowd sill say that that’s normal for a pip-squeak eastern European nation, some associated with Hunter Biden.
The lab in Wuhan was funded by the US feds, ie the US taxpayer.
Haha awesome!!! Borrow all you can then wait a couple years until minimum wage equals what you borrowed. For a patient person you can pay off your loan with only one McHour!
I take from this that the university and college sector of the economy is bleeding from ten thousand cuts. They went Woke first, and now they are going broke.
Interest free loans are a gimme to keep the kids going to uni, even though they won’t learn a damn thing of any use. And I say that as the proud owner of a BA and an MSc. Not a damn thing.
Take a welding course, kids. If you can weld you won’t starve.
The only thing you can learn at uni in STEM is the use of expensive equipment and labs. All the math, theory, etc, is available for the cost of an internet connection.
Companies should invest in this stuff, and let qualified applicants mess around with it, for a profit. There are little guys who can reverse engineer chips, FFS!
Of course, then people would find all the 5 Eyes BS in DSLAMS, etc.
People prefer to think that chips are magic, and magically report to their country of origin, because they don’t know squat about logic analysis, or comm protocols like USB, SPI, I2C, UART, CanBus, etc, despite the fact that all you need to check up on that stuff is a half-decent oscilloscope and logic analyzer. Canadians are sofa king we taught it.
What about the students who studiously who recently repaid their students? Bummer for them.
It’s their fault for being responsible.
What’s an apprenticeship loan? I got a job with an electrical company and entered into the apprenticeship program. When I went for classes I got unemployment. That was 40+ years ago, I didn’t think anything changed.
Some trades, like HVAC, require you to go to school and pay for it, while working, even.
Arty
Exactly…never heard of such a thing as an “Apprenticeship loan”….?1
Was talking to the bank today and she was saying that she doesn’t expect interest rates to increase much more.
Time for a new bank?
Like asking a K-Mart employee about commodity prices.
marc in calgary “likes” your comment.
We will borrow with both hands in order to hand out freebies to select voter groups. Your next credit bill is going to be a shocker though.
I can’t wait for Liberal supporters to lose everything they have and furrow their Cro-Magnon brows in frustration as to whether they should blame themselves or the g-d- thieves they voted in.
I’m so old I remember when half my class departed to work for a living after Grade 10 .