Announced by the Government of Canada on March 27. Original article posted April 9, 2020. Updated with new information as it arises.
Post-secondary students and recent graduates are now eligible for the Canada Emergency Student Benefit (CESB) – a benefit of $1,250/month from May to August 2020. This benefit is increased to $1,750 for people with disabilities or caring for others. Recipients are eligible to earn up to $1,000/month while receiving this benefit.
Original article posted April 2, 2020.
The new Canada Emergency Wage Subsidy was introduced by the Government of Canada as a way to keep Canadian businesses working and enable them to continue to employ Canadian workers. This wage subsidy is in addition to the 10% wage subsidy previously introduced and will provide a 75% wage subsidy to eligible employers for up to 12 weeks, retroactive to March 15, 2020.
On March 18, 2020 the Canadian government announced its economic response plan for COVID-19. Support is offered for both individuals and business. Details of the plan will be summarized here. For more detailed information, please visit the Government of Canada COVID-19 Economic Response page.