For complete information about supports and programs provided by the Government of Canada see Canada's COVID-19 Economic Response Plan. See Information for Businesses and Workers for information about the supports provided by the Government of Saskatchewan.
Many individuals and families are struggling financially because of the Covid-19 pandemic. Below is a summary of some assistance available to individuals and families generally. There are also supports for specific populations including people with disabilities, students, seniors and Indigenous peoples. Information about these supports can be found on both canada.ca and saskatchewan.ca.
CCB is a tax-free monthly payment made to eligible families to help with the cost of raising children under the age of 18 years of age. In response to the Covid-19 epidemic, eligible families may receive a one-time payment of up to $300 per child.
CERB is a taxable benefit of $2,000 every 4 weeks for up to 28 weeks. It is available to eligible workers who have stopped working or whose work hours have been reduced due to Covid-19.
CRB will be available starting September 27th for a period of one year. It provides $400 per week for up to 26 weeks to eligible workers who are self-employed or not eligible for Employment Insurance. It is for individuals who have stopped working due to Covid-19 or whose income have been reduced due to Covid-19.
CRCB will be available starting September 27th for a period of one year. It provides $500 per week for up to 26 weeks to eligible workers who have had to stop work or significantly reduce their hours to care for a family member for reasons related to Covid-19. Examples include people who need to care for their children because of school or daycare closures. Workers must not be eligible for other supports.
CRSB will be available starting September 27th for a period of one year. It provides $500 per week for up to two weeks, for workers who are sick or must self-isolate for reasons related to COVID-19.
EI changes are being made as of September 27, 2020. These include higher minimum payments and reduced hours to qualify for EI.
The deadline for paying taxes owed for 2019 is extended to September 30, 2020.
An extra GST Credit payment is available to those who currently receive the credit. The average amount of the extra payment is close to $400 for single individuals and $600 for families.
Homeowners facing financial hardship may be eligible for a mortgage payment deferral of up to six months. This is based an agreement between the homeowner and the lender. Deferred payments still need to be paid at a later date with interest.
Employees are entitled to unpaid public health emergency leave from their job if they are required to isolate or they need to care for their child who is in isolation.
The Self- Isolation Support Program provides eligible workers, who have to self-isolate because of Covid-19, with $450 per week up to a maximum of $900. Only workers not eligible for support under other programs can qualify for this benefit.
The Temporary Wage Supplement Program is for low wage workers providing essential servies to seniors, children and others in the community. The temporary supplement is $400 for each four-week period up to 16 weeks, for the period from March 15, 2020, to July 4, 2020.
SaskPower, SaskEnergy & SaskTel have interest waiver programs in place to respond to the financial pressures many residents are experiencing. The programs provide for a six-month grace period during which no interest, late penalties or disconnections will be applied. Following the grace period, customers can spread out the amount owing over the following 12 months. Many municipalities have similar programs in place for utility bills and property taxes - check you local municipalities' websites or contact your local council for additional information.
Many businesses are struggling financially because of the Covid-19 pandemic. Below is a summary of some of the assistance available to businesses generally. There are also supports for specific types of businesses including Indigenous businesses, tourism businesses and businesses in the oil and gas sectors. Information about these supports can be found on both canada.ca and saskatchewan.ca.
BCAP provides guarantees to lenders to allow businesses to obtain loans to be able to stay in business despite the impact of Covid-19.
CEWS covers a portion of an employee's wages for employers impacted by Covid-19 allowing them to re-hire employees and avoid layoffs.
The 10% Temporary Wage Subsidy for Employers allows eligible employers to reduce the amount they need to remit the CRA for payroll deductions.
CEBA provides interest-free loans of up to $40,000 to small businesses and not-for-profits, to help cover their operating costs during a period where their revenues have been temporarily reduced
CECRA will cover 50% of the rent owed by a small business if the property owner reduces the rent payable by at least 75%. Currently this program applies for rent due in April, May, June, July and August.
Businesses can defer paying income tax that was owed on or after March 18, 2020 until after August 31, 2020.