COVID-19: Canada's Economic Response Plan

Author: Tamara Nichol Professional Corporation, Chartered Professional Accountant | | Categories: Accountant , Accounting , Bookkeeper , Bookkeeping , Business Consultant , Chartered Professional Accountant , Corporate Income Tax , Income Tax Planning , Personal Income Tax

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Since the beginning of March, restrictions and measures related to COVID-19 have rapidly escalated. While the first stages focused on public health and safety, in very short order, businesses and personal finances began to be affected. It is clear that these challenges will become worse before they get better. In an effort to combat these effects, the Government of Canada released a series of financial measures in mid-March.

This document summarizes selected government comments up to March 18, 2020.