Tag Archive: Trudeau unveils $82B COVID-19 emergency response package for Canadians


on March 18, 2020 in World News

Trudeau unveils $82B COVID-19 emergency response package for Canadians, businesses

Kathleen Harris · CBC News PM says ‘extraordinary’ measures include tax deferrals, wage subsidies for small businesses Prime Minister Justin Trudeau has announced a massive $82-billion aid package to help Canadians and businesses cope with the global COVID-19 pandemic, including income supports, wage subsidies and tax deferrals. The package includes $27 billion in direct supports and another $55 billion to help business liquidity through tax deferrals. Combined, the package represents more than three per cent of Canada’s GDP. Trudeau said the deep spending will not drive the country into recession, insisting “prudent” decisions made over the last five years have put Canada on...

Kathleen Harris · CBC News PM says ‘extraordinary’ measures include tax deferrals, wage subsidies for small businesses Prime Minister Justin Trudeau has announced a massive $82-billion aid package to help Canadians and businesses cope with the global COVID-19 pandemic, including...

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