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Technology As feds help businesses, charities seek help to keep services running

19:26  30 march  2020
19:26  30 march  2020 Source:   msn.com

Feds have fiscal room to react to impacts of COVID-19, says Bill Morneau

  Feds have fiscal room to react to impacts of COVID-19, says Bill Morneau OTTAWA — Finance Minister Bill Morneau says the Canadian economy is strong enough to weather the economic impacts of the novel coronavirus. He says the federal government has enough wiggle room in its finances to help individuals and businesses deal with the fallout. But he is still not sharing any details of those plans — or the date when the federal budget will be released. He says the federal government has enough wiggle room in its finances to help individuals and businesses deal with the fallout.

OTTAWA — The federal government signalled Sunday it is shifting the focus of its COVID-19 aid towards Canada's most vulnerable as public health United Way and Kids Help Phone were among a coalition of Canadian charities that asked for help last week, warning they were going to collapse as

Prime Minister Justin Trudeau has announced new measures to help medium- and small- business owners facing hardships due to COVID-19. David Akin looks at how the loans, tax breaks and wage subsidies are aimed at helping employers.

a group of people standing in front of a crowd posing for the camera © Provided by The Canadian Press

OTTAWA — Canada's charities say they have begun laying off staff and their services, which are usually in high demand during economic downturns, are being shut down as the sector feels the financial sting from COVID-19.

Now the almost 86,000 registered charities in Canada are looking to the federal government to help, with multiple groups calling for immediate cash injections.

Related video: Here's how to get a handle on your finances amid the coronavirus outbreak (Provided by Global News)

Estimates from Imagine Canada, a charity that promotes the work other charities do, suggest donations will drop between $4.2 billion and $6.3 billion, and between 117,000 and 195,000 workers could be laid off depending on the length of the COVID-19 crisis.

Closure of non-essential Ontario businesses starts tonight

  Closure of non-essential Ontario businesses starts tonight TORONTO — All Ontario businesses deemed non-essential have been ordered to close Tuesday night as part of escalating government measures meant to curb the spread of COVID-19. Premier Doug Ford announced the closures Monday, issuing a lengthy list of the types of businesses that will be allowed to remain open. "The grocery store clerks, transit and hydro workers and truckers are out there on the front lines making sure the people of Ontario continue to have access to the products and services they need," Ford said in a statement. "It is essential that their workplaces be kept as safe as possible so these local heroes can return home to their families worry-free.

Welcome to the Seeking help center. Consult our FAQ and safety guide for important online safety tips, profile advice, and best online practices. Please contact us by using the “report an issue” button at the bottom of this page, and we’ll be glad to run the card through an alternate processor.

A0 billion (.86 billion) package to help save jobs as shockwaves from the coronavirus pandemic rip through the economy. “We will pay employers to pay their employees and make sure they do, to keep them in the businesses that employ them and to ensure they can get ready together to bounce

So far, federal financial aid for businesses has either not mentioned charities or has been offered in the form of loans that charities generally have difficulty getting for reasons that include a lack of collateral.

Bruce MacDonald, Imagine Canada's chief executive, says in an interview that COVID-19 has laid open all the structural flaws in the charity sector and many groups don't think they'll be able to ride out the storm.

His and other groups are now asking the federal government to create a $10-billion fund to provide grants to charities, or immediately match private donations between now and Canada Day.

This report by The Canadian Press was first published March 30, 2020.

Feds investing in online health care, Vancouver company studying COVID 19 .
Feds investing in online health care, Vancouver company studying COVID 19Prime Minister Justin Trudeau announced the new funding during his daily news conference in Ottawa this morning as provinces across the country prepare to start re-opening on Monday.

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