Another week has come to an end and there has been a lot of developments from both the provincial and federal governments.
The federal government announced that all Service Canada locations will be closed to the public. If you require assistance with EI, Old Age Security, pension benefits, or passports, please visit the Service Canada website or contact your local MP. For those in the Riding of Windsor-Tecumseh, your MP is Irek Kusmierczyk. You can reach him by email at [email protected].
The Ministry of Children, Community and Social Services have posted their application page for COVID-19 Emergency Assistance.
The federal government announced new measures to help small businesses. You can read the coverage of the announcement here. Some of the highlights include:
- Increasing wage subsidy to 75% from the initial 10% for qualifying SME businesses. The subsidy will be backdated to Sunday, March 15.
- Through a new Canada Emergency Business Account, banks will offer $40,000 loans to small businesses, interest free for the first year, and $10,000 will be forgivable for qualifying businesses.
- $12.5 billion in additional loans through the Business Development Bank of Canada (BDC) and Export Development Canada.
- Defer all HST/GST on import / export duties until June
I hope everyone has a nice weekend, but please remember to practice social distancing and wash your hands regularly. We will pull through this together.