“These are extraordinary times. Our government is taking extraordinary measures,” Trudeau said. “The measures we’re announcing today will provide up to $27 billion in direct support to Canadian workers and businesses, plus $55 billion to meet liquidity needs of Canadian businesses and households through tax deferrals to help stabilize the economy.”
Trudeau said combined, the $82 billion in support represents more than three per cent of Canada’s GDP.
He said the economic measures will ensure that Canada’s economy rebounds after the pandemic.
“These are extraordinary times. Our government is taking extraordinary measures,” Trudeau said. “The measures we’re announcing today will provide up to $27 billion in direct support to Canadian workers and businesses, plus $55 billion to meet liquidity needs of Canadian businesses and households through tax deferrals to help stabilize the economy.” Trudeau said combined, the $82 billion in support represents more than three per cent of Canada’s GDP. He said the economic measures will ensure that Canada’s economy rebounds after the pandemic.