Support For Canadians

New programs and measures were announced by the government on March 18. We will update this page with links once the details become available.  

Increasing the Canada Child Benefit

Extra time to file income taxes

  • Deferring the filing due date for the 2019 tax returns of individuals.
  • For individuals (other than trusts), the return filing due date will be deferred until June 1, 2020.
  • Allow any new income tax balances due, or instalments, to be deferred until after August 31, 2020 without incurring interest or penalties.
  • Learn more
  • Note: If you expect to receive benefits under the Goods and Services Tax credit or the Canada Child Benefit, we encourage you to not delay your 2019 return filing to ensure that your entitlements are properly determined.

Increased Goods and Services Tax Credit

Support for students

Support for seniors

Has the federal government announced measures to assist with mortgages?

  •  Canadian banks have committed to work with their customers on a case-by-case basis to find solutions to help them manage hardships caused by COVID-19. Canadians who are impacted by COVID-19 and experiencing financial hardship as a result should contact their financial institution regarding flexibility for a mortgage deferral. This allows flexibility to  be available − when needed − to those who need it the most.
  • Learn more
  • Contact your financial institution for further mortgage assistance.
  • The Canada Mortgage and Housing Corporation and other mortgage insurers offer tools to lenders that can assist homeowners who may be experiencing financial difficulty. These include payment deferral, loan re-amortization, capitalization of outstanding interest arrears and other eligible expenses, and special payment arrangements.
  • Canada’s mortgage insurers are committed to providing homeowners with solutions to mitigate temporary financial hardship related to COVID-19. This includes permitting lenders to defer up to six monthly mortgage payments (interest and principal) for impacted borrowers. Deferred payments are added to the outstanding principal balance and subsequently repaid throughout the life of the mortgage.
  • Learn more: Financial Consumer Agency of Canada (FCAC)