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.
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
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.
Check with your bank about other financial relief options including deferring credit card payments, increasing lines of credit, and waiving other fees.
$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.