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Important Help for Canadians

Important Help for Canadians

Parliament has passed the new COVID-19 Emergency Response Act, ensuring that Canada has the tools and flexibility to respond quickly to these emerging challenges.

This includes the new Canada Emergency Response Benefit, which will provide $2000 a month for the next 4 months to workers who lose their income as a result of COVID-19.

The measures outlined in the Act will provide immediate help to the Canadian workers, businesses, and families that need it most, including:

Canada’s COVID-19 Emergency Response Plan 

  • Direct payment to support low- and modest-income families 
  • Helping seniors access retirement savings by reducing minimum withdrawals from RRIFs by 25% 
  • Up to $300 more per child for parents through the Canada Child Benefit 
  • $2,000/month for Canadians who lose income due to COVI D-19 through the Canada Emergency Response Benefit 
  • Temporary wage subsidy for small employers to help keep employees on the payroll 
  • Prevent shortages of patented drugs or medical devices 
  • Pause repayments of Canada Student Loans for six months 
  • $500 million to support provinces and territories in dealing with COVID-19
  • Support businesses as necessary through EDC, BOC and Farm Credit Canada 
  • Giving more financial space to Canadians and Canadian businesses by deferring tax payments 
  • Protect Canadians’ homes by strengthening the mortgage financing market

Additional Resources can be found at: https://bit.ly/33KdhTN

During this pandemic CHS staff is working from home so if you need anything please give us a call.

Bernadette Iahtail: (cell) 780-934-4961

Cheryl Petherbridge: (cell) 587-590-4246 or (work) 780-934-9822