“These are extraordinary times. Our government is taking extraordinary measures,” Trudeau said. “The measures we’re announcing today will provide 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.”
Trudeau said combined, the $82 billion in support represents more than three per cent of Canada’s GDP.
He said the economic measures will ensure that Canada’s economy rebounds after the pandemic.