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BTC STYLIST FORUM Coronavirus Live News Updates 3/18: Canadian Prime Minister Unveils COVID-19 Emergency Response Package

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      Behindthechair.com

      Canadian Prime Minister Justin Trudeau has announced a massive 82-billion ad package to help individuals and businesses. The emergency aid includes $27 billion in direct support and another 55 billion to help business liquidity with tax deferrals.

      The emergency aid package includes:

      -A temporary boost to the Canada Child Benefits payments—about $2 billion extra to the existing program.

      -Emergency Car Benefit of up to $900 biweekly for up to 15 weeks to provide income to workers that have had to stay home and don’t have access to paid sick leave.

      -Student loan payments will be interest free for 6-months.

      -Extending the tax filing deadline until June 1st.

      -Allowing taxpayers to defer tax payments until after Aug. 31st 2020.

      -Doubling the homeless care program.

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