Canada’s COVID-19 Economic Response Plan

Support for individuals and families

  • A new temporary salary top-up for low-income essential workers
  • Increasing the Canada Child Benefit
  • Special Goods and Services Tax credit payment
  • Extra time to file income tax returns
  • Mortgage support
  • Canada Emergency Response Benefit (CERB)

Seniors

  • Reduced minimum withdrawals for Registered Retirement Income Funds

Students and recent graduates

  • Suspend repayment and interest on Canada Student Loans and Canada Apprentice Loans
  • Temporary changes to Canada Summer Jobs program

Support for businesses

  • Canada Emergency Wage Subsidy (CEWS)
  • More time to pay income taxes
  • Deferral of HST Remittances
  • Establishing a Business Credit Availability Program
  • Canada Emergency Business Account
  • Canada Emergency Commercial Rent Assistance (CECRA)

Support for self-employed individuals

  • Canada Emergency Response Benefit (CERB)
  • Deferral of HST Remittances
  • More time to pay income taxes

For more information, please visit the Government of Canada website at:

https://www.canada.ca/en/department-finance/economic-response-plan.html