March 20, 2020
If you are like most of us, it’s a bit challenging to figure out what the Government is offering and how it applies to you specifically. There is still much more information to come from the Government to assist with understanding how these programs will work and the timing of when financial assistance will be available.
The main areas include:
- Income Support
- Tax Benefits and Credits
- Tax Flexibility
- Mortgage Default Management Tools
- Other Targeted Help
We want to get information in your hands as swiftly as possible. As a result, please click on the link below to read through a high-level overview of the Federal and Provincial plans. Also included are links and contact information to a variety of related resources.
LATEST UPDATE (March 26, 2020): The federal government has introduced the Canada Emergency Response Benefit (CERB) to provide income support for up to 16 weeks for qualifying Canadians. To apply for this benefit an online portal will be available in early April. Please visit Canada.ca for details and daily updates.
As always, please be in touch with us to discuss your specific situation. We are here and working for you.
Arbutus Financial Team