Canada and Ontario response plans
Help for individuals and businesses during the COVID-19 crisis.
Canada's COVID-19 Economic Response Plan
The Government of Canada has announced an emergency care package to help individuals and businesses during the current COVID-19 situation, with specific help for:
- Individuals who require additional supports, and
- Businesses that can't operate normally in these current times
Support for individuals
The new Canada Emergency Response Benefit
This will provide a taxable benefit of $2,000 a month for up to 4 months to:
- Workers who must stop working due to COVID19 and do not have access to paid leave or other income support.
- Workers who are sick, quarantined, or taking care of someone who is sick with COVID-19.
- Working parents who must stay home without pay to care for children that are sick or need additional care because of school and daycare closures.
- Workers who still have their employment but are not being paid because there is currently not enough work and their employer has asked them not to come to work.
- Wage earners and self-employed individuals, including contract workers, who would not otherwise be eligible for Employment Insurance.
Apply for the benefit
Starting early April 2020, you can apply in the following ways:
- On their CRA MyAccount secure portal.
- Calling a toll free number and using the automated application process.
Boosting the Canada Child Benefit (CCB)
- Additional benefits will be provided for parents.
- For those families who qualify, they will receive up to $300 per child as part of their May payment.
Boosting the Goods and Services Tax Credit (GSTC)
- Providing 1-time special payment by early May 2020 through the Goods and Services Tax credit (GSTC).
- Adults who qualify for the GST Credit will receive up to $400 for singles and $600 for couples.
There is no need to apply for this payment. If you are eligible, you will get it automatically.
Will not pay interest on their student loans for 6 months.
Home-owners with mortgages
Can receive up to 6 months deferral on mortgage loans. Contact your bank for eligibility.
Tax filing deadline
- Extended to June 1, 2020 (from April 30).
- If you’ve filed your taxes and owe money, the period to pay has been extended until August 31, 2020.
Get more details about how this plan helps individuals.
Support to businesses
Extending the Work-Sharing program
The Work-Sharing program has been extended from 38 weeks to 76 weeks. The Work-Sharing program is offered to workers who agree to reduce their normal working hours because of developments beyond the control of their employers.
Providing small business with wage subsidies
A 75% wage subsidy for qualifying businesses, for up to 3 months, retroactive to March 15, 2020 to help businesses keep and return workers to the payroll. More details on eligibility criteria will be shared before the end of March.
Business Credit Availability Program
A Business Credit Availability Program (BCAP) has been created to provide more than $10 billion of additional support, largely targeted to small and medium-sized businesses. A new Canada Emergency Business Account loan program .
Businesses in need of credit support should contact their financial institution.
Get more details about loan guarantee programs and the new Canada Emergency Business Account by visiting support to businesses.