There's been a crushing amount of financial information and benefits announced over the past two weeks. With changes and breaking news almost daily, I wanted to bring you the latest federal and provincial benefits as well as timely articles and resources to help you navigate these difficult times. I'll be adding to this list and refreshing it regularly, so please check back often. And, join me on my weekly Facebook live to answer all of your questions each Friday at 3pm ET https://www.facebook.com/events/566100227435536
Government Benefits:
- Government introduces Canada Emergency Response Benefit to help workers and businesses https://www.canada.ca/en/department-finance/news/2020/03/introduces-canada-emergency-response-benefit-to-help-workers-and-businesses.html
- COVID-19: Managing financial health in challenging times https://www.canada.ca/en/financial-consumer-agency/services/covid-19-managing-financial-health.html
- A round up of provincial COVID-19 benefits https://www.ctvnews.ca/health/coronavirus/emergency-benefits-what-each-province-is-offering-during-the-covid-19-pandemic-1.4869158
- FP Canada overview of Government responses to COVID-19 https://fpcanada.ca/news/govt-overview-covid-19?utm_source=Cary+List+Contact&utm_campaign=1a41c278a2-2017UpdatedPAG_COPY_01&utm_medium=email&utm_term=0_4e651a8150-1a41c278a2-62807629
- Who can you turn to for Government financial support? https://drive.google.com/file/d/1lOJn7XS6ETIkbLRodYk681M_2dxkkQsc/view
Timely articles & resources:
- Here's how to apply for government help during the coronavirus pandemic https://nationalpost.com/news/politics/heres-how-to-apply-for-government-help-during-the-coronavirus-pandemic
- Pattie Lovett-Reid: Need to defer mortgage payments? Know the costs first https://www.bnnbloomberg.ca/pattie-lovett-reid-need-to-defer-mortgage-payments-know-the-costs-first-1.1411334
- Find a professional financial planner in your area findyourplanner.ca
- Does deferring your payments affect your credit score? https://kelleykeehn.com/blog/will-deferring-payments-hurt-your-credit-score/
- Dealing with debt during COVID-19 https://www.youtube.com/watch?v=lWmZDLaJ63o&feature=youtu.be
- Big Six coordinate relief, including six-month payment deferrals
- https://www.bnnbloomberg.ca/big-six-coordinate-relief-including-six-month-payment-deferrals-1.1407842
- Ottawa predicts 4 million Canadians will need new relief program due to COVID-19
https://www.theglobeandmail.com/politics/article-trudeau-says-new-merged-benefits-will-help-workers-affected-by-covid/ - Managing your mortgage during COVID-19 https://www.moneysense.ca/spend/real-estate/mortgage-payments-deferred-due-to-coronavirus/
- What to Expect when you Contact a Licensed Insolvency Trustee
- https://www.crowesobermaninc.com/insolvency/what-to-expect-when-you-contact-a-licensed-insolvency-trustee/
- Temporarily laid off due to COVID-19? Here’s what you need to know
- https://www.bnnbloomberg.ca/temporarily-laid-off-due-to-covid-19-here-s-what-you-need-to-know-1.1409557
- Kind Wealth offering complimentary personal finance consultations to anyone struggling with financial stress and anxiety at this time https://kindwealth.ca/coronavirus-response/
- How to apply for EI and other COVID-19 emergency government income supports
https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-how-to-apply-for-ei-emergency-response-benefit-and-other-covid-1/ - Free tax clinics https://www.canada.ca/en/revenue-agency/campaigns/free-tax-help.html
- FP Canada/Kelley Keehn, March 27th Facebook live - answering your COVID-19 crisis financial questions
- https://www.facebook.com/kelleykeehnbiz/videos/vb.1416019915363603/630755981100559/?type=2&theater
COVID-19 Fraud Protection:
- Rise in financial scams (my interview with BNN Bloomberg) https://kelleykeehn.com/blog/covid-19-fraud-alert/
- As cases of COVID-19 in Canada escalate, scammers have begun taking advantage of the public’s fears surrounding the pandemic. https://www.ctvnews.ca/health/coronavirus/canadians-warned-of-scammers-taking-advantage-of-covid-19-fears-1.4870502
- How to shop online safely https://www.cyber.gc.ca/en/guidance/how-shop-online-safely-itsap00071
- Warning from the Alberta Securities Commission https://www.albertasecurities.com/News-and-Publications/News-Releases/2020/03/19---Canadian-securities-regulators-warn-public-of-coronavirus-related-investment-scams
- All major Ontario Securities Commission updates related to COVID-19 are found on a hub on the OSC website https://www.osc.gov.on.ca/en/covid-19-update.htm
- Canada’s most visited financial education website GetSmarterAboutMoney.ca