| SOURCE | WHERE | OFFER |
|---|---|---|
| Physician Financial Independence Group | Facebook, Canada wide | Facebook group made up of physicians and their spouses. Discuss key financial decisions including personal, business, investments, education funds, insurances, and more. |
| CMA: Financial Guidance for physicians during Covid-19 | Canada | Summary of the different wage subsidy and loan programs and how they apply to a medical practice and corporation. |
| SOURCE | WHERE | OFFER |
|---|---|---|
| Canada Student Loans (CANADA) | Canada | All student loan borrowers will automatically have their loan repayments and interest suspended until September 2020. |
| Canada Child Care Benefit (CANADA) | Canada | Providing up to an extra $300/child through the Canada Child Benefit (CCB) for 2019-2020. Those who already receive the CCB do not need to re-apply. |
| Childcare Support (ONTARIO) | Canada | One time extra $200 for children aged 0-12 or $250 for children/youth aged 0-21 with special needs. Funding offered to offset the cost of buying materials to support their children's learning, while they practice self-isolation and physical distancing. |
| Taxes (CANADA) | Canada | The filing due date for 2019 income tax returns for individuals has been deferred until June 1, 2020. Any new income tax balances due, or instalments, are also being deferred until after August 31, 2020 without incurring interest or penalties |
| Mortgage (CANADA) | Canada | Contact your bank for possible mortgage payment deferral (up to 6 months) |
| BC Hydro Relief Fund (BC) | British Columbia | If you or your spouse/partner have stopped working due to COVID-19, you may be eligible for three months of bill credit based on your average consumption. If not eligible, there are options to defer your payments or to arrange a payment plan. |
| Other discounts | Canada | Check with your bank about other financial relief options including deferring credit card payments, increasing lines of credit, and waiving other fees. |
| SOURCE | WHERE | OFFER |
|---|---|---|
| Canada Emergency Wage Subsidy (CEWS) (CANADA) | Canada | Provides a 75% wage subsidy to eligible employers for up to 12 weeks, retroactive to March 15, 2020 |
| Temporary 10% Wage Subsidy (CANADA) | Canada | Three-month measure that will allow eligible employers to reduce the amount of payroll deductions required to be remitted to the Canada Revenue Agency (CRA). |
| Canada Emergency Business Account (CEBA) Business Loan Program (CANADA) | Canada | $40,000 loan for a Canadian registered business. Interest rate is 0% and no minimum monthly principal payments until December 31, 2022. If repaid prior to December 31, 2022, 25% of the amount loaned under the CERB is forgiven up to $10,000. Contact your business' financial institution for more information. |
| BC Hydro Relief Fund (BC) - Small Business | British Columbia | If you own a small business that needed to close due to COVID-19 measures, you may be eligible to have your business' electricity use charges waived for up to three months. |
| Other discounts | Canada | Check with your bank about other financial relief options including deferring credit card payments, increasing lines of credit, and waiving other fees. |