Government Assistance

The Government of Canada has announced a number of economic initiatives to assist Canadians and businesses during this difficult time.

In an ongoing effort to provide our members with the latest information, we've compiled a guide to the financial resources currently available to you through the federal government. 

For Individuals & Families

Support for People Facing Unemployment
  • The NEW Canadian Emergency Response Benefit (CERB) - Applications now open.
    • You may be eligible to receive up to $2,000 a month for up to 4 months. The application system opens Monday, April 6. Click here to learn more and apply. 
    • NEW: April 15, 2020:  Support for seasonal workers.
      • To help more Canadians benefit from the CERB, the government is announcing changes to the eligibility rules to:
        • Allow people to earn up to $1,000 per month while collecting the CERB.
        • Extend the CERB to seasonal workers who have exhausted their EI regular benefits and are unable to undertake their regular seasonal work as a result of the COVID-19 outbreak.
        • Extend the CERB to workers who have recently exhausted their EI regular benefits and are unable to find a job or return to work because of COVID-19.
        • These changes will be retroactive to March 15, 2020 . More details will be posted on the portal shortly.

  • Improved access to Employment Insurance Sickness benefits
    • The one-week waiting period has been waived for new claimants. 
Support for Seniors Support for Students or New Graduates

For Businesses

Avoiding Layoffs
  • Extending the Work-Sharing program
    • Maximum duration of Work-Sharing program doubled from 38 to 76 weeks
       
  • Temporary Changes to Canada Summer Jobs Program
     
  • Temporary 10% Wage Subsidy
     
  • Canada Emergency Wage Subsidy - Extended an additional 12-weeks to August 29, 2020. 
    • As a Canadian employer whose business has been affected by COVID-19, you may be eligible for a subsidy of 75% of employee wages for up to 24 weeks, retroactive from March 15, 2020, to August 29, 2020.

      This wage subsidy would enable you to re-hire workers previously laid off as a result of COVID-19, help prevent further job losses, and better position you to resume normal operations following the crisis.

Access to Credit Supporting Financial Stability More Flexibility

*As always, please check back to https://www.canada.ca/en/department-finance/economic-response-plan.html for the most up-to-date information.