Summary of Canada and Ontario COVID19 Economic 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. Of special note, the government has combined two of its earlier benefits into the Canada Emergency Response Benefit (CERB).
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. Our commentary can be found here: 2020-03-25 Ontario’s COVID-19 Economic Response Plan – Summary Notes
We are working on additional information regarding the Work-Sharing (WS) program available to businesses. We will release this shortly on our website.
We will be updating our website blog frequently with information and will only communicate significant updates to our clients and community as they are available.
Please reach out to us with any questions you may have.