Area of Law: Coronavirus COVID-19
Answer # 7212
Other Federal relief programs for individuals and familiesRegion: Ontario Answer # 7212
The are a number of financial relief programs and other resources available to Canadian individuals and families who are experiencing difficulties as a result of COVID-19.
Here are some of the more common ones:
Increase in the Canada Child Benefit
The Federal Government paid an extra $300 per child through the Canada Child Benefit (CCB) for 2019-20. This benefit was delivered as part of the scheduled CCB payment in May. Those who already receive the Canada Child Benefit do not need to re-apply.
Special Goods and Services Tax credit payment
The Government paid a one-time special payment in early May 2020 through the Goods and Services Tax credit for low- and modest-income families. The average additional benefit will be close to $400 for single individuals and close to $600 for couples. There is no need to apply for this payment. If you are eligible, you will get it automatically.
Extra time to file and pay income tax returns
For individuals (other than trusts), the 2019 return filing due date was deferred (postponed) until June 1, 2020.
Also, any new income tax balances due, or instalments, is deferred (postponed) until September 30, 2020, without having to pay interest or penalties. Learn more
New Indigenous Community Support Fund
The Federal Government is providing $380 million for a new distinctions-based Indigenous Community Support Fund to address immediate needs in First Nations, Inuit, and Métis Nation communities.
Support for women’s shelters and sexual assault centres
The Federal Government provided up-to $50 million to women’s shelters and sexual assault centres to help with their capacity to manage or prevent an outbreak in their facilities.
Support for seniors
The Federal Government is reducing the required minimum withdrawals from Registered Retirement Income Funds (RRIFs) by 25% for 2020.
Support for students and recent graduates
A moratorium on the repayment of Canada Student Loans:
All student loan borrowers will automatically have their loan repayments and interest suspended until September 30, 2020.
For more information on these and other available supports for individuals and businesses, visit the Government of Canada Economic Response Plan website.
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