Are you looking for support during the COVID-19?

The government of Canada has created various programs to support Canadians and business facing the effects of the COVID-19. The programs are divided in 3 sectors: Individuals, Business and Industries

There are programs to support individuals and families, who are facing cuts or totally loss of income, as well as special sectors of the public:

• Increasing the Canada Child Benefit
• Special GST credit payment
• deferral on tax payments
• Support on mortgage payments
• Canada Emergency Response Benefit (CERB)
• Indigenous Community Support Fund
• Supporting Preparedness in First Nations and Inuit Communities
• Improving access to essential food support
• Enhancing the Reaching Home Initiative
• Youth support: mental health.
• Reduced minimum withdrawals for Registered Retirement Income Funds
• Supporting the delivery if items and personal outreach
• Immediate and essential services through the New horizons for Seniors Program
• Suspended repayment and interest on Canada Student Loans and Canada Apprentice Loans
• Temporary Changes to Canada Summer Jobs programs.

To support business the government is focusing on:

• Avoiding layoffs and rehiring employees
• Deferred payments
• Access to Credit
• Supporting Financial Stability
• Supporting self-employed individuals

For special details on each program I'm sharing with you the CFIB reports and FAQ that covers all these aspects in a really detailed and easy to read way: https://www.cfib-fcei.ca/en/small-business-resources-dealing-covid-19

Related to industries, the programs are focusing on:

• Increasing credit available for agriculture, fisheries and aquaculture
• support for airports
• support for broadcasters.

These is merely a summary of all the programs available to you, your family and your business. Check the official website for details on each program: https://www.canada.ca/en/department-finance/economic-response-plan.html

Photo by Nathaniel Bowman on Unsplash