Financial Resources for Individuals and Families

Mortgage Payment Deferral

Canadians are eligible to receive up to a 6-month payment deferral for mortgages. Contact your bank for more information or to apply for deferred payments.

Income Tax Deadline Extended

The return filing due date has been deferred until June 1st, 2020. All tax payers are permitted to defer, until after August 31st, 2020, the payment of any income tax amounts owing.

Moratorium on Student Loan Payments

A six-month interest-free moratorium has been placed on the repayment of Canada Student Loans for all individuals currently in the process of repaying these loans.

EI Sickness Benefit

The one-week waiting period for individuals in quarantine, and the requirement to provide a medical certificate to access EI sickness benefits, has been waived.

Emergency Care Benefit 

This benefit will provide up to $900 bi-weekly, for up to 15 weeks to workers taking care of a family member who is sick and parents required to stay home from work to care for children.

Emergency Support Benefit

This benefit will offer support to workers, including self-employed Canadians, who are not eligible for EI and who are facing unemployment.

Increasing the Canada Child Benefit

The maximum annual Canada Child Benefit (CCB) payment amounts will be increased by $300 per child beginning May 2020.

One-time Additional GST Payment 

The government will double the maximum annual GST payment amounts for the 2019-20 benefit year.