Prime Minister Justin Trudeau addressed the nation yesterday to give an update on the COVID 19 outbreak and how they will be providing assistance to those that are facing financial challenges.
The Federal Government launched the new Canada Emergency Response Benefit which will provide $2,000 a month for up to four months to people who are not getting paid.
This will replace the two benefits announced last week to make is easier for people to get help. An application portal will be launched as quickly as possible and people should start receiving money within 14 days of applying.
The Federal Government will be boosting the Canada Child Benefit for families in May, they will be supplementing the GST credit which is sent to low income Canadians every few months, and they will be putting a six month interest free moratorium on Canada student loans.
You can find more information on what else is being done by the federal government during the COVID 19 crisis and how to access benefits at canada.ca
Trudeau would also like to warn Canadians of a text scam going around on the new emergency response benefits and that the government’s website is the best source of information.
