Emergency Care Benefits:
The Emergency Care Benefit plan is a package benefit plan that offers families and individuals a goods and service tax credit of up to $400 per individual and $600 for families. This also includes an extension to file tax returns, which is now June 1st. For more details about this benefit and the requirements click here.
Increase to Child Benefit Plan:
This plan allows families who are currently receiving child benefit payments to receive an extra $300 per child.
Mortgage Payment Deferral:
Working with the major banks of Canada, this plan allows mortgage payments to be deferred. The request to defer mortgage payments is directed to the financial institutions rather than the federal government.
Originally this plan addresses those who have lost jobs due to specific causes employees can’t control, mass lay offs or shortage of work. Due to COVID-19, this plan has fewer requirements, allowing the application process to be easier for Canadians.