Skip to main content

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

DAN ALBAS – Should employers be able to help an employee pay off a student loan, and have that help be a non-taxable benefit to the employee?


 

Today, I rose to present my Private Members Bill that would allow employers to voluntarily help an employee pay off their student loan as part of their total remuneration, tax free.

 

Currently, if an employer wanted to help an employee pay off their student loans, either with a bonus or part of their salary, that would be taxed as regular income.

 

This bill would allow employers and employees to enter voluntary arrangements where payments made by an employer to an employee pursuant to a student loan assistance program would be a non-taxable benefit. 

 

Young people tell me all the time that graduating with thousands of dollars in student loans is a massive barrier to them planning for the future. 

 

This bill will help support people struggling with student loans by incentivizing them to work and save.

 

This legislation will also help employers attract talented workers and keep them. 

 

This bill is a win-win across the board, and I hope attracts widespread support in Parliament.

 

What do you think? 

 

“Should employers be able to help an employee pay off a student loan, and have that help be a non-taxable benefit to the employee?”

 

I can be reached at:
Email: Dan.Albas@parl.gc.ca

Toll Free: 1.800.665.8711

Comments

Post a Comment

Popular posts from this blog

PEATS: I am writing with a critical concern regarding the imminent closure of the Eljen Medical Clinic, a vital healthcare facility in our community

The following is a copy of a letter sent to me, which was sent to BC’s Minister of Health Adrian Dix. It is with regards to the impending closure of the Eljen Medical Clinic in Dawson Creek.   Dear Minister,   I am writing to you today with a critical concern regarding the imminent closure of the Eljen Medical Clinic, a vital healthcare facility in our community. The closure, scheduled for the summer of 2024, is a result of the utterly burdensome terms and conditions imposed by the bureaucratic Northern Health. As a result, Dawson Creek stands to lose four doctors who have made this city their home, and who wish to continue serving the people of our community.   The impending closure of the Eljen Medical Clinic is a significant blow to our city. Not only will it result in the loss of highly qualified and dedicated healthcare professionals, but it will also deprive thousands of Dawson Creek residents of access to their primary physicians. At a time when healthcare se
3 comments
Read more

RCMP gag order comes after BC NDP catch heat for diverted safe supply (Northern Beat)

In the wake of several high-profile police drug seizures of suspected safer supply that put the BC NDP government on the defensive last month, BC RCMP “E” division issued a gag order on detachments, directing them to run all communications on “hot button” public safety issues through headquarters in the lead-up to the provincial election. “It is very clear we are in a pre-election time period and the topic of ‘public safety’ is very much an issue that governments and voters are discussing,” writes a senior RCMP communications official in an email dated Mar. 11 in what appears to have gone out to all BC RCMP detachments . . . . CLICK HERE for the full story
Post a Comment
Read more

FORSETH -- AM I AN EXTREMIST?

  Am I an extremist … do I support an extremist party? I never thought so, but given the comments of BC Premier David Eby this week, perhaps I need to rethink that. In a Vancouver Sun story written by Vaughn Palmer ( David Eby shifting focus to soaring B.C. Conservatives as election nears ), Eby made several astonishing statements, or should I say, claims. First up … “ I have flagged repeatedly my concern about the growth of the extremist Conservative Party in BC ” Given that the GROWTH of the party, or any political party for that matter, comes from individuals supporting it, by extension Eby has called me, and others, extremists.   Second … “ poll is an important reminder certainly for anyone who has been quick to dismiss the BC Conservative Party as an extremist party that will not find traction in our province ” It seems to me, that the ONLY person who has been dismissing the Conservative Party of BC, has been the BC United (formerly BC Liberals) party leader Kevin
Post a Comment
Read more

Labels

Show more