Extension to the wage subsidy. Ottawa is extending their emergency wage subsidy program past its initial end-date of June 6. More details are set to be released soon.

Support for Seniors. The government has implemented a series of measures to ensure the financial stability of seniors.

Wage boost for essential workers. The PM announced $3 billion in support to increase the wages of low-income essential workers . Eligibility as well as how much support is received will be determined by each province or territory.

Regional funding. Details on the Regional Relief and Recovery Fund have been announced (last month the government promised nearly $1 billion in aid to regional development agencies to help small and remote businesses).
  • The Atlantic Canada Opportunities Agency (ACOA); $110 million
  • The Canada Economic Development for Quebec Regions (CED); $211 million
  • The Canadian Northern Economic Development Agency (CanNor); $34.3 million
  • The Federal Economic Development Agency for Southern Ontario (FedDev Ontario); $252.4 million
  • The Federal Economic Development Initiative for Northern Ontario (FedNor); $49.5 million
  • Western Economic Diversification Canada (WD); $304.2 million

Trudeau is encouraging struggling small businesses that don’t qualify for any of the pre-announced assistance plans to get in touch with their area’s agency.

Students can begin to apply for the Canada Emergency Student Benefit starting Friday, May 15. Students looking to apply should sign up for “My Account” on the Canada Revenue Agency now to speed up the process .