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What income support will be provided during the COVID-19 pandemic for those in need?

SOLVEDby TurboTaxUpdated 3 weeks ago

For low and modest-income individuals and families, seniors, and students who may require additional financial help during these times, the government has committed to the following measures:

  • Waiving interest accrual on Canada Student Loans and Canada Apprentice Loans until March 31, 2023
  • Enhanced EI (employment insurance) measures
  • Canada Worker Lockdown Benefit (CWLB)
  • Canada Recovery Sickness Benefit (CRSB)
  • Canada Recovery Caregiving Benefit (CRCB)
  • Mortgage payment deferral

Additional information can be found on the Government of Canada's Economic Response Plan website.

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