Also the Government is offering a 10% wage subsidy for businesses (which is actually a reduction of your payroll source deductions) for a 3-month period as well. Starting March 18 through June 20th
Many banks (including mine, Scotiabank) are offering 3-month relief of the minimum monthly payments on your credit products... Visa, Line of Credit, Mortgage, etc
Your interest still accrues, but at least you don't have to make a payment.
Also the Government is offering a 10% wage subsidy for businesses (which is actually a reduction of your payroll source deductions) for a 3-month period as well. Starting March 18 through June 20th
https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update/frequently-asked-questions-wage-subsidy-small-businesses.html
Many banks (including mine, Scotiabank) are offering 3-month relief of the minimum monthly payments on your credit products... Visa, Line of Credit, Mortgage, etc
Your interest still accrues, but at least you don't have to make a payment.