Bill C-217 primarily aims to amend the current provisions regarding student financial assistance in Canada. It seeks to make this assistance more accessible and to reduce the financial burden on students and recent graduates.

The main provisions include changes to the eligibility criteria for student loans, allowing more students to qualify for assistance. Additionally, the bill proposes more flexible repayment terms, adjusted to graduates' incomes, to ease their transition into the workforce.

The bill amends the Canada Student Financial Assistance Act to incorporate these new measures. It also amends the Income Tax Act to introduce tax incentives designed to encourage post-secondary education and support new graduates.

Students, recent graduates, and post-secondary educational institutions are the main groups affected by these changes. The bill aims to improve financial accessibility to higher education and support young adults in their professional development.