Knock Out Interest: We did it!

We have exciting news! Deputy Prime Minister and Minister of Finance Chrystia Freeland has just announced the full elimination of interest on federal student loans. Over one million Canadians have student loans from the federal government, collectively owing more than $11 billion. The elimination of interest on student loans will put hundreds of dollars each month in the pockets of Canadians, many of whom are struggling with the increasingly high cost of living. 

We did this together – This win is a result of years of hard work by students across Canada. Through our Knock Out Interest campaign, students have:

  • sent over 15,000 postcards and letters to Prime Minister Trudeau,
  • done countless media interviews on the impact of interest on student loans
  • met with Government officials, and
  • mobilized support from our friends and families. 

Student actions WORKS


Join us in thanking Prime Minister Justin Trudeau and Deputy Prime Minister and Minister of Finance Chrystia Freeland for this important investment in the future of Canada.

Send a thank you email today!

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