{"id":12967,"date":"2020-03-23T15:30:31","date_gmt":"2020-03-23T19:30:31","guid":{"rendered":"https:\/\/www.zolo.ca\/news\/?p=12967"},"modified":"2022-08-29T13:30:22","modified_gmt":"2022-08-29T17:30:22","slug":"province-financial-support-covid19","status":"publish","type":"post","link":"https:\/\/www.zolo.ca\/blog\/province-financial-support-covid19","title":{"rendered":"What Financial Support Is Available Province to Province for Those Impacted by COVID-19?"},"content":{"rendered":"\n

Canadians are dealing with a lot of new normals with the global pandemic, COVID-19. Staying healthy and following the advice of medical experts is a significant concern \u2013 but for many, the virus impacts more than their well-being. Financial security is a rising concern as many Canadians lose their jobs and businesses close. <\/span><\/p>\n\n\n\n

We\u2019ve compiled a list of available financial support province to province and across the country for anyone affected by the coronavirus. <\/span><\/p>\n\n\n\n

Financial Support Available for All Canadians During COVID-19<\/span><\/strong><\/h2>\n\n\n\n

Temporary income support for workers and parents<\/span> <\/span><\/strong>will be<\/span> <\/span><\/strong>available starting March 15, 2020. The Canadian government will waive the one-week waiting period for E.I. and will be waiving the requirement to provide a medical certificate to access E.I. sickness benefits. <\/span><\/p>\n\n\n\n

Starting in April 2020, the Canadian government will officially introduce the Emergency Care Benefit. This benefit provides $900 bi-weekly for up to 15 weeks for employed or self-employed workers who become sick, are taking care of a sick family member and for parents who cannot earn an income due to lack of childcare. <\/span><\/p>\n\n\n\n

On March 11, 2020, the Prime Minister announced longer-term income support for workers by introducing the E.I. Work Sharing Program. This program exists to provide E.I. benefits to \u201cworkers who agree to reduce their normal working hours as a result of developments beyond the control of their employers, by extending the eligibility of such agreements to 76 weeks, easing eligibility requirements, and streamlining the application process.\u201d <\/span><\/p>\n\n\n\n

The Canadian government also announced income support for individuals who need it most, including a boost to income through the G.S.T. credit, and additional funds to the Canada Child Benefit (C.C.B.) by $300 per child in May 2020.<\/span><\/p>\n\n\n\n\n\n\n

Canadians who have not yet filed their 2019 taxes will now have until June 1, 2020, to submit, and any Canadian who owes taxes will have until August 31, 2020, to pay the Canada Revenue Agency (C.R.A.). <\/span><\/p>\n\n\n\n

The six big banks in Canada have given Canadians mortgage default management tools, such as the option for <\/span>mortgage deferral<\/span><\/a> for up to six months. (For more on this, see Mortgage deferral, here’s what you need to know<\/a>.)<\/span><\/p>\n\n\n\n

To find out more information about what financial support is available for individuals as well as business owners, the <\/span>Canadian government has a full list<\/span><\/a> on their website. <\/span><\/p>\n\n\n\n

COVID-19 Financial Support Available in Provinces and Territories<\/span><\/strong><\/h2>\n\n\n\n
\"financial<\/figure>\n\n\n\n

Alberta: <\/span><\/strong><\/h3>\n\n\n\n