COVID-19 Financial Assistance Resources

The COVID-19 situation has created financial hardships for many, including students. We’ve compiled a list of resources that might be helpful at this challenging time.

Government of Canada Relief Programs:

The Government of Canada’s COVID-19 Economic Response Plan includes:

• the Canada Emergency Response Benefit
• an increase in the Canada Child Benefit
• mortgage support
• improved access to Employment Insurance sickness benefits
• an indigenous Community Support Fund
• a moratorium on the repayment of Canada Student Loans
• increased and expanded eligibility for student financial aid
• targeted supports for Indigenous students

COVID-19 Measures to Help Canadians

COVID-19 Economic Response Plan

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Canada Emergency Student Response Benefit

On April 22, 2020, the Government of Canada introduced the Canada Emergency Student Response Benefit to assist post-secondary students who are not eligible for the Canada Emergency Response Benefit during the COVID-19 pandemic.

Read more about the Prime Minister's announcement regarding the Canada Emergency Student Response Benefit

Learn more about the Canada Emergency Student Response Benefit

Jennifer Robson, Associate Professor at Carleton University has compiled an easy-to-follow guide to resources available.

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Province of BC Relief Programs:

The BC government’s COVID-19 Action Plan includes:

• support for child care centres and essential service workers requiring child care
• BC Emergency Benefit for Workers
• Assistance for renters, including rent freezes, rental supplements and protection for those in subsidized housing
• Freeze on BC Student Loan repayments for six months
• Climate action tax credit