Canadian Prime Minister, Justin Trudeau Unveils $82B In Aid To Combat Coronavairus
The Prime Minister of Canada, Justin Trudeau has unveiled an $82-billion emergency aid for workers, employers, parents, students, Indigenous communities and other groups in order to assist them during the economic damage that coronavirus (COVID-19) might cause.
Trudeau said the package consisted of $27 billion worth of “direct support” to workers and businesses and another $55 billion to meet liquidity needs through tax deferrals.
With public health authorities urging all Canadians to stay home as much as they can and practise social distancing, everyone should be staying focused primarily on their health, rather than their bank accounts, said the prime minister.
Finance Minister Bill Morneau said in a press conference after Trudeau that the government was “working quickly to get money into people’s hands so that no matter what happens during this period, they can afford the essentials.”
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