The global community is working together to prevent the spread of COVID-19 within our own communities. With the increase in social distancing, our daily routines have been impacted significantly. On March 18, the Federal Government first announced new economic measures that would be forthcoming in response to the COVID-19 crisis in an effort to stabilize the Canadian economy.
In total, the Canadian Government has committed a $107 billion aid package to help Canadians and businesses across the country. These measures are being delivered as part of the Government of Canada’s COVID-19 Economic Response Plan.
The Federal Government’s COVID-19 Economic Response Plan can be found here.
Crowe MacKay specialists provide a summary below on how this Federal aid will positively impact Canadians and businesses.
Income and Support for Individuals