Source: Global News

As college and university students in Canada prepare for the end of the Fall semester, the financial impact of the ongoing COVID-19 pandemic is becoming more apparent. A recent Canadian Federation of Students (CFS) study found that 70% of students had either lost their jobs or were working reduced hours.

“Students are really feeling the pressure especially now and are worried about what’s to come next year, as well as what’s already built up and accumulated this year,” CFS Deputy Chairperson Nicole Brayiannis said.

The University of Saskatchewan has provided students with some of the financial assistance they need in this time of uncertainty. According to Patti McDougall, Vice-Provost of Teaching, Learning and Student Experience, the university has shared in excess of $1.3 million in funding to students in the middle of March 2020. This aid aims to help students afford expenses such as groceries and rent. McDougall stated that much of this funding went to international students who were unable to apply for government aid programs like the Canada Emergency Student Benefit (CESB).

While the federal government continues to promote programs like the CESB, the CFS claims that by not investing in students through more direct means, they may be financially harming the country in the years to come. Brayiannis said, “If we don’t start to act now on issues that we’re already seeing building and exasperating at this moment, we’re not going to be able to fix ourselves long term.”

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