Trudeau Announces $82 Billion in Direct Support

Prime Minister Justin Trudeau announced a new set of economic measures to help stabilize the economy during this challenging period.

These measures, delivered as part of the Government of Canada’s COVID-19 Economic Response Plan, will provide up to $82 billion in direct support to Canadian workers and businesses.

The emergency aid plan includes:

Support for Canadians

Income Support for Individuals Who Need it Most
Flexibility for Taxpayers
Mortgage Default Management Tools
Role of Financial Institutions

Support for Businesses

Supporting Canadian Businesses Through the Canada Account
Helping Businesses Keep Their Workers
Flexibility for Businesses Filing Taxes
Ensuring Businesses have Access to Credit
Supporting Financial Market Liquidity

You can see the full release here.