Advertisement

$107 billion federal aid package for COVID-19 passed into law

Advertisement

March 25, 2020 at 12:44 pm - Home, Local News
By Erika Chorostil

The Candian Senate has officially passed the federal government’s $107 billion aid package for Canadians affected by Covid-19.

The Covid-19 Emergency Response Act still has to pass through royal assent but cleared the Senate after being approved in the House of Commons earlier this morning. The $107 billion is more than the originally proposed $82 billion aid package.

Members of Parliament worked through the night debating aspects of the bill after much opposition was met in the House against some of the Liberals measures.

A modified version of the original bill was finally reached after the government agreed to scale back some of its measures.

The aid package includes a temporary boost to the Canada Child Benefit, a new Emergency Care Benefit, a new Emergency Support Benefit, a 6-month interest-free moratorium on student loan payments, doubling the homeless care program, extending the tax filing deadline to June 1st, allow taxpayers to defer payments until after August 31st, and $305 million for a new Indigenous Community Support Fund.

Comments

comments

  • Advertisement

  • Advertisement