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A summary of COVID-19 emergency funds – APTN News

by ahnationtalk on March 19, 202028 Views

March 18, 2020

On Wednesday, the federal government announced an $82-billion financial aid package to help the country through the COVID-19 pandemic.

Prime Minister Justin Trudeau’s government will provide $27 billion in direct support to Canadian workers and businesses to help them get through the economic crisis sparked by global outbreak of the novel coronavirus.

There will also be $55 billion to help Canadians meet liquidity needs through tax deferrals.

The following list is a summary of some of the financial reliefs measures.

1. GST credit – $400 single adults, $600 for couples

2. Child Tax benefit top up – $300 per child added on top of what you receive already.

3. Student loan payments deferral

 

Read More: https://aptnnews.ca/2020/03/18/a-summary-of-covid-19-emergency-funds/

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