Summary of Canada and Ontario COVID-19 Ecomonic Support Plans – March 25, 2020
Yesterday, Bill C-13 received Royal Assent. This bill puts into place Canada’s Economic Response Plan to COVID-19. Attached you will find our summary of the Canada’s COVID-19 Ecomonic Response Plan and The Ontario’s COVID-19 Economic Response Plan.
Of special note, the government has combined two of its earlier benefits into the Canada Emergency Response Benefit (CERB). Please read our notes for more information.
In addition, the government of Ontario released its first step in its response to COVID-19 and includes $17 billion of support to the health care system, people and businesses.
We are working on additional information regarding the Work-Sharing (WS) program available to businesses. We will release this shortly here on our blog.
Please reach out to us with any questions you may have at 905-891-5339.