Canada’s COVID-19 Economic Response Plan – Key Points for Businesses and Individuals

Information from our Canadian government is rapidly changing.  As it does, we will do our part to keep you informed on what we know and what is certain.

This newsletter summarizes selected government comments up to April 6, 2020. 

This chart summarizes all COVID-related Governmental programs for individuals and small businesses.  Last updated April 16, 2020

Peterborough and the Kawarthas Economic Development is coordinating a regional business recovery centre to assist our local business.  Please visit their COVID-19 Information Page.

The Greater Peterborough Chamber of Commerce has developed a comprehensive COVID-19 Business Resource Portal that is updated regularly.

Highlights include:

  • For Individuals:
    • Tax Return Filing Deadline Deferral to June 1st 
    • Tax Payment Deferral*to September 1st
    • Income Support Programs
  • For Businesses:
    • Tax Payment Extensions 
    • Other Filing Extensions 
    • CRA Audits
    • Payroll Subsidies
  • Other Information:
    • Other Filing Extensions
    • Financial Assistance
    • Other Funding

*Note – some tax payers have received a Notice of Assessment that says payments are due April 30th and this is incorrect. 

Key Points Canada’s COVID-19 Economic Response Plan 2020-04-06

Covid-related governmental programs 2020-04-16