This website is a testimony to the problems Canadian Student Loan borrowers experienced from approximately 1996 to 2008 and until their loans were paid off.

The privatization of the Student Loans system by the Chretien and Martin Liberal governments broke the system and defaulted thousands of borrowers who were trying to pay their loans. There were even stories of suicide due to the harassment of borrowers.

Read the report that I prepared back in 2007 here. Canada Student Loans-The Need for Change Fortunately the new Conservative government at the time revamped the program and fixed the system for new borrowers, but borrowers under the previous program were left with ruined credit and continued harassment from debt collectors.

I call on the Canadian Government to apologize to the borrowers affected by this fiasco and make amends.

Unfortunately the Liberal government is again clobbering the Education system with their changes to International Student Visas. Yes, there's a problem, but instead of a well thought out plan, they have pulled the emergency brake on the train causing a derailment. This has introduced unprecedented instability for both private and public education institutions who serve both international and local students.

Universities have been forced to cancel programs and layoff hundreds if not thousands of full-time and contract instructors.

Again, the Liberal government has messed up the education environment.


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nago View Drop Down
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Joined: 01/December/2004
Location: Canada
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nago Quote  Post ReplyReply Direct Link To This Post Topic: debt reduction
    Posted: 31/March/2005 at 11:30am
Having hard time applying for debt reduction

I have been to revenue canada twice now but i cant get an assessment for 2004 till my taxes are done.

But the problem is i only have 90 days to apply for debt reduction and i didnt get the forms for over two months.

My ir ran out december and mar 22 i was rejected

Now how do i send in my app for debt reduction if revenue canada wont give me my assessment for 2004 till i file my tax return ?
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