Canada’s COVID-19 Economic Response Plan

Business Law

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