On March 18, the government of Canada announced its COVID-19 Economic Response Plan, which provides 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. The announced measures are the first stage of the government’s fiscal strategy and TIANS will continue to work with government and key industry stakeholders in the days and weeks to come.

View a summary of the Economic Response Plan here.