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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.

The money should start to flow by April 6th.

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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.


*** Story by Mohamed Fahim ***

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