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Canada’s COVID-19 Economic Response Plan – (Dept. of Finance)

FINANCIAL AID

Money & benefits for employees and the self-employed LINK

Avoiding layoffs

  • Extending the Work-Sharing program
  • Providing small business with wage subsidies

Access to credit

  • Establishing a Business Credit Availability Program

Support for farmers

  • Increasing credit available

Supporting financial stability

  • Launching an Insured Mortgage Purchase Program
  • Bank of Canada actions
  • Lowering the Domestic Stability Buffer

More flexibility

  • More time to pay income taxes

 

Work-Sharing Program - COVID-19: Income support to avoid layoffs – (ESDC)  LINK

The Government of Canada introduced temporary special measures that extend the maximum duration of Work-Sharing agreements from 38 weeks to 76 weeks across Canada for those businesses affected by the downturn in business due to COVID-19 and for the forestry and steel and aluminum sector. Access the Work-Sharing temporary special measures page to find out if you are eligible.

Apply now

The employer and the employees (and the union, if applicable) must agree to participate in a Work-Sharing agreement and must apply together. An application for a Work-Sharing agreement must be submitted a minimum of 30 days prior to the requested start date.

Before applying, please read all the information provided (including the Work-Sharing Applicant Guide) and discuss it with your employees.

For more information on the Work-Sharing program:

  • Employers across Canada may call toll-free 1-800-367-5693 (TTY: 1-855-881-9874)
  • Employees across Canada may call toll-free:
  • English: 1-800-206-7218 (TTY: 1-800-529-3742)
  • French: 1-800-808-6352 (ATS: 1-800-529-3742)

If your employees are eligible for Employment Insurance (EI) benefits, and your business is suffering a downturn due to COVID-19, you can apply for a work-sharing agreement. The agreement would allow them to work a temporarily reduced work week while receiving EI benefits Applicant Guide

Help Canada combat Coronavirus disease (COVID-19) – Submission Form