Attached below resources to help Canadians cope with the financial impact of COVID-19:
- Insurance Bureau of Canada (IBC) member companies are offering deferred payments or substantial consumer relief measures for consumers whose driving habits have changed significantly.
- Telecoms companies such as Telus, Shaw and Rogers are offering flexible payment options. Some Telecom companies have expanded community partnerships to support vulnerable Canadians impacted by COVID-19. For example, Rogers is partnering with Big Brothers Big Sisters of Canada to provide a donation of smart phones, and six months of free service to ensure that the families get the digital tools and service they need. Check with your telecom provider to see what offerings are available.
- Federal and Provincial Benefits consolidated.
CBC launched a COVID-19 hub of benefits the federal government, provinces and territories are offering to people financially affected by the coronavirus.
Dr. Jennifer Robson (Carleton University Professor) Plain Language Guide to Government Aid – COVID 19 (English only) https://drive.google.com/file/d/1lOJn7XS6ETIkbLRodYk681M_2dxkkQsc/view
- Non-profit credit counselling agency Credit Canada has produced a COVID-19 resource centre to help people manage their money through the pandemic. There’s a section on what to do if you’re laid off, how to get credit-counselling help plus a debt calculator and budget planner. Also, there’s a listing of cities across Canada offering property-tax deferrals.
- Kindwealth is offering free, virtual investment advice by reputable financial advisors (based on capacity)
