Feds increase COVID-19 aid package by $25-billion
Canada is increasing the money it is giving to Canadians.
Finance Minister Bill Morneau announced another $25-billion in direct aid for citizens affected by the COVID-19 pandemic.
That’s up from the $27-billion that was promised. In addition to the already mentioned $55-billion in tax deferrals, this brings the total amount of the Canadian Emergency Relief Package to $107- billion.
Morneau says Canada is taking a very appropriate and significant approach in response to the challenges faced by Canadians today.