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Canada: Tax measures included in response to coronavirus (COVID-19)

Canada: Tax measures, response to coronavirus

There are two tax-related measures in in Canada's newly launched COVID-19 response fund, released 11 March 2020.

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  • Under one measure, businesses may be able to make flexible arrangements with the Canada Revenue Agency (CRA) if the businesses face difficulties related to COVID-19 when they are trying to meet their payment obligations (further details are not yet available).
  • A second change will allow workers who are either in quarantine or who have been directed to self-isolate, to claim Employment Insurance (EI) sickness benefits without having to wait through the mandatory one-week waiting period, so they can be paid for the first week of their claim. The government is also exploring income support for those individuals who currently do not qualify for the program.


KPMG observation

The government announced that it will deliver the 2020 federal budget on 30 March 2020. It is expected that further tax measures related to COVID-19 are being considered and may be included in the federal budget.

Read a March 2020 report [PDF 183 KB] prepared by the KPMG member firm in Canada

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