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Canadian Prime Minister Justin Trudeau announced additional economic measures on Wednesday to help Canadians affected by the novel coronavirus pandemic. These measures build on actions that have been taken since the beginning of the outbreak.
As part of the Canadian government’s COVID-19 Economic Response Plan, up to $27 billion will be used in direct support of workers and businesses. Additionally, $55 billion will be used through tax deferrals to “help stabilize the economy.”
Measures to be taken include temporarily boosting child benefit payments, delivering almost $2 billion in extra support. There will also be an emergency care benefit to provide for workers who must stay home to care for sick family members and do not have paid sick leave. Additionally, the government will provide targeted support for vulnerable groups. This includes $305 for a new Indigenous Community Support Fund, as well as up to $50 million to women’s shelters and sexual assault centers. These are only a few of the actions that the government is taking to help those affected by the pandemic.
As stated in the news release:
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As part of the Canadian government’s COVID-19 Economic Response Plan, up to $27 billion will be used in direct support of workers and businesses. Additionally, $55 billion will be used through tax deferrals to “help stabilize the economy.”
Measures to be taken include temporarily boosting child benefit payments, delivering almost $2 billion in extra support. There will also be an emergency care benefit to provide for workers who must stay home to care for sick family members and do not have paid sick leave. Additionally, the government will provide targeted support for vulnerable groups. This includes $305 for a new Indigenous Community Support Fund, as well as up to $50 million to women’s shelters and sexual assault centers. These are only a few of the actions that the government is taking to help those affected by the pandemic.
As stated in the news release:
For more on COVID-19, see our special coverage.
The post Canada PM announces economic measures to help Canadians affected by COVID-19 pandemic appeared first on JURIST - News - Legal News & Commentary.
Continue reading...
Note: We don't have any responsibilities about this news. Its been posted here by Feed Reader and we had no controls and checking on it. And because News posted here will be deleted automatically after 21 days, threads are closed so that no one spend time to post and discuss here. You can always check the source and discuss in their site.