Trudeau’s making it tougher on students
In the coming year, post-secondary students across Canada are at risk of increasing taxes due to proposed tax changes. The current education and textbook tax credits, which were put in place by the previous government, are being eliminated by the Trudeau government. These deductions allowed student incomes, earned while attending school or over the summer months, a way to be taxed at a lower rate. The loss of these deductions means that students need to find more money to support the cost of ever increasing post-secondary education. Ironically, the prime minister’s website says he’s working to make post-secondary education more affordable and these change usually hit the middle class the most. Given that these students are the future of Canada, these change appear to be misguided.