Fed. government launches Canada’s COVID-19 Economic Response Plan, announces new supports

Domain: Care, Economy
Government:Federal
Tags:Communities, Public Health, COVID-19

The federal government announces economic support, new legislation and measures to help Canadians facing hardship as a result of the COVID-19 outbreak.

  • Support for individuals and families includes an increase to the Canada Child Benefit.
  • Support for people facing unemployment includes the new Canada Emergency Response Benefit.
  • Support for seniors includes reduced minimum withdrawals for Registered Retirement Income Funds.

Read more about Canada’s actions and responses. 

April 2020 updates

  • Canadians can now apply for the Canada Emergency Response Benefit. Read more
  • Introduction of COVID-19 Emergency Response Act, No. 2 to support Canadians and businesses. Read more
  • Launch of new portal dedicated to mental wellness supports. Read more
  • Expanded access to the Canada Emergency Response Benefit. Read more
  • Relief for federally regulated pension plan sponsors. Read more
  • Further flexibility for employers to access the Canada Emergency Wage Subsidy. Read more
  • Launch of the Canada Emergency Business Account. Read more
  • New Horizons for Seniors Program projects can now be used for COVID-19 support. Read more
  • Support to those experiencing homelessness and women fleeing gender-based violence. Read more
  • The Canadian Centre for Occupational Health and Safety (CCOHS) provides an online space, Pandemic Info Share, to enable businesses and organizations to share their pandemic-related good practices and resources. Read more
  • Launch of the Canada Emergency Wage Subsidy Calculator for Employers. Read more
  • Launch of applications for the Canada Emergency Wage Subsidy. Read more
  • Income support to post-secondary students who lost work opportunities due to COVID-19. Read more

May 2020 updates

  • Employee training supports for agri-businesses. Read more
  • Launch of Action Committee on Court Operations in Response to COVID-19. Read more
  • Up to $500 million in emergency funding for cultural, heritage and sport organizations. Read more
  • Help for temporary foreign workers and their employers. Read more
  • $962 million additional support fund now available to businesses and communities. Read more
  • Benefits payments for eligible Canadians to continue until Fall 2020. Read more
  • Extended eligibility for the Canada Emergency Wage Subsidy. Read more
  • Farmers without payroll can now access the $40,000 interest-free loan available under CEBA. Read more

  • New temporary program announced to support research staff in Canada. Read more
  • Launch of a four-week hotline service to provide small businesses in need with financial planning advice. Read more
  • Up to $9.2 million to enhance the Youth Employment and Skills Program and fund up to 700 new positions for youth in the agriculture industry. Read more

June 2020 updates

  • $1.1 million in funding to support national disability organizations. Read more
  • Changes to travel restrictions for immediate family members of Canadian citizens and permanent residents. Read more
  • $77.5 million to maintain and strengthen Canada’s food production and processing sector. Read more
  • Extension to time periods for temporary layoffs to allow employers more time to recall laid-off employees. Read more
  • Investment of more than $109 million over one year in COVID-19 research. Read more
  • Canada Emergency Commercial Rent Assistance (CECRA) will be extended by one month to cover eligible small business rents for July. Read more
  • Increased eligibility for small businesses to access CEBA. Read more

Click on SDG icons to see related Vanier Institute resources

Share on social media

Share on facebook
Share on twitter
Share on linkedin
Share on email

You may also like these posts.

Scroll to Top