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Existing federal social security programs were modified to provide additional financial support to their recipients. Canada Child Benefit payments were given a one-time increase of $300 per child, [3] the Goods and Services Tax (GST) credit for the 2019 tax year was doubled, [4] and personal income tax deadlines for 2019 were extended.
Many large-scale events that planned to take place in 2020 in Canada were cancelled or delayed. This includes all major sporting and artistic events. [2] Canada's tourism and air travel sectors were hit especially hard due to travel restrictions. [3] Some farmers feared a labour shortfall and bankruptcy. [4] The pandemic affected consumer ...
Here are some of the most in-demand employee benefits — and the biggest asks employees are making of their employers. Discover: 7 Financial Habits That Improve Your Daily Life Read More: 50 Ways ...
The Department of Human Resources and Skills Development was created in December 2003, when Human Resources Development Canada (HRDC) was split into two separate departments: Human Resources and Skills Development Canada (HRSDC) and Social Development Canada (SDC). Though they continued to share many common services and operations, Human ...
The Canada Workers Benefit (CWB) is a refundable tax credit in Canada. Introduced in 2007 under the name Workers Income Tax Benefit ( WITB ), it offers tax relief to working low-income individuals and encourages others to enter the workforce. [ 1 ]
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As of 2023, the COVID-19 pandemic is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS CoV‑2).
As the outbreak appeared in China first, supply chains affected the manufacturing and production of some video game consoles, delaying their releases and making current supplies scarcer. As the outbreak and pandemic spread, several keystone trade events, including E3 2020, were cancelled over concerns of further spread. The economic impact on ...