On March 18, the Federal Government announced further measures to assist individuals and businesses in light of the COVID-19 pandemic. The areas of support are summarized as follows:
Support for Individuals
Income Support for Individuals Who Need it Most
Flexibility for Taxpayers
Mortgage Default Management Tools
Role of Financial Institutions
Support for Businesses
Supporting Canadian Businesses Through the Canada Account
Helping Businesses Keep Their Workers
Flexibility for Businesses Filing Taxes
Ensuring Businesses have Access to Credit
Supporting Financial Market Liquidity
Economic Response Plan – Cost and Implementation
We recommend that you review the information on the government website. If you have legal questions regarding these matters, please contact us at your convenience.
 | Brad Martyniuk Partner, Dispute Resolution Group Lindsay Kenney LLP – Vancouver Office |