Canada Emergency Response Benefit Applications to Open Next Week
byThose who qualify will receive a direct deposit within 3–5 days.
Finance
Trudeau Announces Eligibility Rules for Businesses to Receive 75% Wage Subsidy
byEmployers are strongly encouraged to cover the remaining 25%.
Trudeau Announces Wage Subsidy for Small Businesses Now 75%
byFrom the initial 10% promised.
Bank of Canada Cuts Key Interest Rates for Third Time During Coronavirus
byThe rate was cut to 0.25% in the emergency move.
CMHC Expands Mortgage Buying Program to $150 Billion
byMore than 200,000 Canadians have already requested mortgage deferrals as of today.
How to Apply for EI and Other Coronavirus Emergency Funding
byIf you’ve lost work as a result of the coronavirus outbreak in Canada, here’s what to know.
Trudeau Announces $2000 a Month for Canadians Affected By COVID-19
byFor the next four months.
44% of Canadian Households See Job Loss or Reduction Due to COVID-19
byMore than half a million Canadians have applied for EI in the past week.
74% Canadians Experiencing Financial Stress Due to COVID-19
by30% of Canadians stressed enough to be losing sleep over it.
Ontario to Lower the Cost of Hydro for the Next 45 Days: Report
byTo offset the cost of all those working from home.