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.