COVID-19: Financial support for people, businesses and organizations
The Government of Canada took immediate and significant action through the Canada's COVID-19 Economic Response Plan to support people, businesses and organizations facing hardship as a result of the COVID-19 outbreak.
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Support for people
People and families
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Canada Recovery Sickness Benefit
The Canada Recovery Sickness Benefit provides $500 ($450 after taxes withheld) per week for up to a maximum of six weeks, for workers who, prior to May 7, 2022:
- were unable to work for at least 50% of the week because they contracted COVID-19
- were self-isolated for reasons related to COVID-19
- had underlying conditions, are undergoing treatments or had contracted other sicknesses that, in the opinion of a medical practitioner, nurse practitioner, person in authority, government or public health authority, would make them more susceptible to COVID-19.
Although the benefit has now expired, you may still apply for any prior eligible 1-week period, for up to 60 days after the end of that period.
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Canada Recovery Caregiving Benefit
The Canada Recovery Caregiving Benefit provides $500 ($450 after taxes withheld) for up to 44 weeks per household for workers who, prior to May 7, 2022, were unable to work for at least 50% of the week because:
- they had to care for a child under the age of 12 or family member because schools, day-cares or care facilities were closed due to COVID-19
- because the child or family member was sick and/or required to quarantine or is at high risk of serious health implications because of COVID-19.
Although the benefit has now expired, you may still apply for any prior eligible 1-week period, for up to 60 days after the end of that period.
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Supporting low-income workers and families
The Canada Workers Benefit provides a refundable tax credit to help people who are working and earning a low income.
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Mortgage payment deferral
Homeowners facing financial hardship may be eligible for a mortgage payment deferral.
The deferral is an agreement between you and your lender. Typically, the agreement indicates that you and your lender have agreed to pause or suspend your mortgage payments for a certain amount of time. After the agreement ends, your mortgage payments return to normal and the deferred payments — including principal and accumulated interest – are added to the outstanding principal balance and subsequently repaid throughout the life of the mortgage.
To know if you are eligible for a mortgage payment deferral or to learn what options are available, contact your lender — your bank or your mortgage professional.
Students
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Waiving interest on student and apprentice loans
To help students and young Canadians who have been particularly hard-hit by COVID-19, we are waiving the interest for full-time and part-time students on the federal portion of Canada Student Loans and Canada Apprentice Loans until March 31, 2023.
Find the support you need
Support for businesses
Financial support
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Wage and hiring support
You may be eligible for a subsidy to cover part of your employee wages between October 24, 2021 and May 7, 2022. This subsidy will enable you to re-hire workers, help prevent further job losses, and ease your business back into normal operations.
For each applicable claim period, eligible employers can claim one of the following, whichever gives the highest amount:
- Tourism and Hospitality Recovery Program
- Hardest-Hit Businesses Recovery Program
- Canada Recovery Hiring Program
- Local Lockdown Program
Although these programs ended on May 7, 2022, businesses can apply for support up to 180 days after the end of the claim period for which they are applying.
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Rent and property expenses support
You may be eligible for a subsidy to cover part of your commercial rent or property expenses between October 24, 2021 and May 7, 2022.
Depending on the period you are applying for, you may be eligible to claim your commercial rent or property expenses through one of the following:
- Tourism and Hospitality Recovery Program
- Hardest-Hit Businesses Recovery Program
- Local Lockdown Program
Although these programs ended on May 7, 2022, businesses can apply for support up to 180 days after the end of the claim period for which they are applying.
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Jobs and Growth Fund
The Jobs and Growth Fund is a $700-million program that supports regional job creation and positions local economies for long-term growth. This includes up to $70 million dedicated to businesses created after January 2020.
The Fund will help businesses and organizations that:
- support the transition to a green economy
- foster an inclusive recovery
- enhance Canada's competitiveness through digital adoption to improve productivity and manufacturing processes
- strengthen capacity in sectors critical to Canada's recovery and growth
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Extending the Work-Sharing program
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Large Employer Emergency Financing Facility (LEEFF)
The Large Employer Emergency Financing Facility (LEEFF) provides bridge financing to Canada’s largest employers, whose needs during the pandemic are not being met through conventional financing, in order to keep their operations going.
The additional liquidity provided through LEEFF allows Canada’s largest businesses, their workers and their suppliers to remain active during this difficult time, and position them for a rapid economic recovery.
This program is delivered by the Canada Development Investment Corporation, in cooperation with Innovation, Science and Economic Development Canada and the Department of Finance.
Self-employed workers
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Canada Recovery Sickness Benefit
The CRSB provides $500 ($450 after taxes withheld) per week for up to a maximum of six weeks, for workers who, prior to May 7, 2022:
- were unable to work for at least 50% of the week because they contracted COVID-19
- were self-isolated for reasons related to COVID-19
- had underlying conditions, are undergoing treatments or have contracted other sicknesses that, in the opinion of a medical practitioner, nurse practitioner, person in authority, government or public health authority, would make them more susceptible to COVID-19.
Although the benefit has now expired, you may still apply for any prior eligible 1-week period, for up to 60 days after the end of that period.
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Canada Recovery Caregiving Benefit
The CRCB provides $500 ($450 after taxes withheld) for up to 44 weeks per household for workers who, prior to May 7, 2022 were unable to work for at least 50% of the week because:
- they had to care for a child under the age of 12 or family member because schools, day-cares or care facilities were closed due to COVID-19
- because the child or family member was sick and/or required to quarantine or was at high risk of serious health implications because of COVID-19.
Although the benefit has now expired, you may still apply for any prior eligible 1-week period, for up to 60 days after the end of that period.
Taxes and tariffs
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Waiving tariffs on certain medical goods
We are waiving tariffs on certain medical goods, including PPE such as masks and gloves.
This will reduce the cost of imported PPE for Canadians, help protect workers, and ensure our supply chains can keep functioning well.
Find the support you need for your business
Interactive business benefits finder:
Support for sectors
Tourism
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Tourism Relief Fund
The Tourism Relief Fund will help position Canada as a destination of choice when domestic and international travel is deemed safe, by:
- empowering tourism businesses to create new or enhance existing tourism experiences and products to attract more local and domestic visitors
- helping the sector reposition itself to welcome international visitors, by providing the best Canadian tourism experiences we have to offer the world
The Tourism Relief Fund provides non-repayable contributions up to $100,000 or repayable contributions up to $500,000 to businesses to enhance or create new tourism experiences. Not-for-profit organizations and Indigenous organizations, not generating profits, are also eligible for non-repayable contributions.
Aquaculture and fisheries
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Changes to Employment Insurance fishing benefits
Culture, heritage and sport
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Major Festivals and Events Support Initiative
The Major Festivals and Events Support Initiative is a two-year, $200-million national fund to help Canadian festivals survive and adapt to the pandemic.
Eligible activities are recurring festivals and events with annual revenues exceeding $10 million.
Aerospace
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Aerospace Regional Recovery Initiative
The Aerospace Regional Recovery Initiative provides $250 million over three years to help the Canadian aerospace sector emerge from the pandemic and continue to compete on the global stage.
Businesses operating in the aerospace industry, and the organizations that support them through supply chains, are eligible to apply for funding for projects that will:
- help them green their operations and adopt environmentally sustainable practices;
- improve productivity and strengthen commercialization; and/or
- strengthen integration into regional and global supply chains.
Support for communities
Communities and organizations
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Addressing immediate needs in Indigenous communities
We launched a distinctions-based Indigenous Community Support Fund to address immediate needs in First Nations, Inuit, and Métis Nation communities.
These funds could be used for measures including, but not limited to:- support for Elders and vulnerable community members
- measures to address food insecurity
- educational and other support for children
- mental health assistance and emergency response services
- preparedness measures to prevent the spread of COVID-19
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Canada Community Revitalization Fund
The Canada Community Revitalization Fund provides up to $750,000 or $1 million to not-for-profit organizations, municipalities, public institutions and Indigenous communities for projects to revitalize communities across Canada.
The funding covers up to 75% of the total project costs. Indigenous community projects may qualify for funding to cover 100% of total project costs.
To apply for funding, projects must aim to:
- adapt community spaces and assets so that they may be used safely in accordance with local public-health guidelines
- build or improve community infrastructure to encourage Canadians to re-engage in and explore their communities and regions
- reinvent outdoor spaces
- create green infrastructure
- increase the accessibility of community spaces
Apply to the Canada Community Revitalization Fund through your Regional Development Agency
What COVID-19 information do you need?
- Travel
- Find out if you can travel to Canada
- Testing and quarantine requirements
- Vaccinated travellers entering Canada
- Travelling within Canada
- Compassionate exemptions
- Foreign workers coming to Canada
- Passport services
- Testing
- Vaccines
- About the COVID-19 proof of vaccination
- How to get your Canadian COVID-19 proof of vaccination
- Using your Canadian COVID-19 proof of vaccination
- COVID-19 vaccines overview
- Getting a vaccine or a booster
- Authorized vaccines
- Vaccine safety and possible side effects
- Income support
- Health and safety
- Additional economic and financial support
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