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Royal assent. March 25, 2020. Status: Current legislation. The Government of Canada introduced multiple temporary social security and financial aid programs in response to the economic impacts of the COVID-19 pandemic in Canada. The initial CA$ 82-billion aid package was announced on March 18, 2020 by Justin Trudeau.
Canadians affected by the coronavirus can start applying for the Canada Emergency Response Benefit on April 6th, but the amount you get depends on a number of factors. To make it simple for ...
The Canada Revenue Agency (CRA; French: Agence du revenu du Canada; ARC) is the revenue service of the Canadian federal government, and most provincial and territorial governments. The CRA collects taxes, administers tax law and policy, and delivers benefit programs and tax credits. [4] Legislation administered by the CRA includes the Income ...
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The COVID-19 pandemic had a deep impact on the Canadian economy, leading it into a recession. The government's social distancing rules had the effect of limiting economic activity in the country. Companies started mass layoffs of workers, and Canada's unemployment rate was 13.5 percent in May 2020, the highest it has been since 1976.
In response, Newfoundland and Labrador, Prince Edward Island, and Nova Scotia reinstated travel bans toward the rest of the country. Following Health Canada's approval of the Pfizer–BioNTech COVID-19 vaccine, and later the mRNA-1273 vaccine developed by Moderna, mass vaccinations began nationwide on December 14, 2020.
In April 2020, the provincial governments AISH payment formulas were recalculated based on the Government of Canada's Canadian Emergency Response Benefit (CERB), a monthly payment of $2000 provided to all eligible Canadians in response to the COVID-19 recession during the COVID-19 pandemic. In April, the UCP Alberta government announced that a ...
In response, the government of Canada introduced several benefits, including the Canada Emergency Response Benefit, the Canada Emergency Student Benefit, and the Canada Emergency Wage Subsidy. [238] By June 2020, the national unemployment rate in Canada was 12.5%, down from 13.7% in May. [239]