COVID-19: Update on Government Resources Available

The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak.

To understand what help is available and in order to take full advantage of the services and financial aid that are being provided by the Canadian government, below is a list of resources that may be helpful to your business or to your family:

Government of Canada Support to Canadians - Emergency Funds for COVID-19:

1. GST Credit - $400 single adults - $600 for married couples
2. Child Tax Benefit Top Up - $300 per child added on top of what you receive already
3. Student loan payments deferred

• 6 month time frame
• No payments
• No interest accrual

4. Indigenous community based support fund of $305 million
5. $200 million provided for community resources

• Shelters/homeless needs
• Sexual assault/transition homes

6. 10% wage subsidy for small-medium sized businesses for employees, $25,000 per employer
7. Ensured Mortgage Protection Program

• $50 billion provided
• Payment deferrals
• Special payment arrangements

8. Bank Supports

• Auto loans
• Deferral of payments

9. Personal Income Tax

• Payment before September 1, 2020 - extended deadline for income tax payments owed
• Filing deadline for Income Tax - June 1, 2020

10. Emergency Care Benefit

• Quarantined or caring for sick family member
• Providing $900 bi-weekly
• Payment via direct deposit
• Will not require medical documentation
• Starting early April

11. Emergency Support Fund - $5 Billion

• More info to come
• Supply chains from groceries will maintain fair prices for Canadians

For full details and to stay updated, visit and bookmark Canada’s COVID-19 Economic Response Plan.