Individuals

Benefits

•   Employment Insurance benefits and leave

o   Individuals may be eligible for funding if they lost their job through no fault of their
      own or cannot find a job.

o   If an individual is not eligible or has received the maximum of EI, they may be
      eligible to apply for the following:

   Canada Worker Lockdown Benefit
   Canada Recovery Sickness Benefit
   Canada Recovery Caregiving Benefit

•   Canada Worker Lockdown Benefit

o   Employed and self-employed individuals who are not able to work due to a

lockdown order in their region can apply for $300 ($270 after taxes withheld) a week.

o   Timeline: In effect until May 7, 2022.

•   Canada Recovery Sickness Benefit

o   Employed and self-employed individuals who are sick, isolating due to COVID-19,
      or have an underlying health condition may be eligible for $500 ($450 after taxes
      withheld) a week.

   The maximum number of weeks individuals can apply for is 6 weeks.

o   Timeline: In effect until May 7, 2022.

•   Canada Recovery Caregiving Benefit

o   Employed and self-employed individuals who are unable to work due to caring for a
      child under 12 years of age or a family member needing supervised care may be
      eligible for $500 ($450 after taxes withheld) a week.

   The maximum number of weeks households can apply for is 44 weeks.

o   Timeline: In effect until May 7, 2022.

Other supports

•   Mortgage payment deferral

o   Homeowners facing financial stress may be eligible for a mortgage payment deferral
      of up to 6 months to help ease the financial burden.

•   Low-income workers and families

o   The Canada Workers Benefit provides a refundable tax credit for individuals earning
      a low income and has expanded eligibility.

o   Low-income workers are now eligible for a tax credit of up to about:

    $1,400 for workers who are single and without children; and

    $2,400 for workers with families.

Sector Specific

•   Aerospace

o   Aerospace Regional Recovery Initiative

   SMEs and not-for-profits can apply through regional development agencies
      for funding to become more sustainable, improve productivity and
      strengthen commercialization.

•   Aquaculture and fisheries

o   Employment Insurance (EI) fishing benefits

   Self-employed fishers who are seeking work may be eligible to receive fishing
      benefits.

•   Culture, Heritage, and Sport

o   Major Festivals and Events Support Initiative

   Festival organizations can apply through regional development agencies for
      funding to continue operations and position themselves for economic
      recovery.

   Eligible festivals and events: Those with annual revenues exceeding $10
      million.

   To contact FedDev Ontario, click here.