COVID-19: Economic Relief Measures Announced to Date

  • The program is enhanced to make it easier for businesses to access credit up to $500,000 and for those who might not qualify for a loan, the government will guarantee the first $100,000.
  • For more information, see the “Support for individual, families, and businesses” section of the Government of Nova Scotia’s website.[465]

Deferred government loan payments and small business renewal fee payments

  • The Government will defer payments for all government loans and small business fees (including business renewal fees and workers compensation premiums) until June 30th.
  • The Government will defer payments for small business renewal fees, including business registration renewal fees and workers compensation premiums, until June 30th.
  • Small businesses that do business with the government will be paid within five days instead of the standard 30 days.
  • The materials do not define the maximum size for a “small business”.
  • For more information, see the “Support for individual, families, and businesses” section of the Government of Nova Scotia’s website.[466]

Relief measures for individuals

Bonus for health-care workers

  • On May 7, 2020, the Premier of Nova Scotia announced that it will be using the federal funding for a cash bonus for health-care sector workers.
  • The Essential Health Care Workers Program will see health-care workers receive a bonus of up to $2,000 after a four-month period, beginning March 13. It includes eligible employees at the Nova Scotia Health Authority, IWK Health Centre and other health services. Employees who volunteered to be redeployed to work at a facility experiencing a COVID-19 outbreak will also receive this benefit.
  • For more information, see the Province of Nova Scotia’s news release of May 7, 2020.[467]

Relief for prescriptions

  • The Government of Nova Scotia will assume the payment of extra dispensing fees for Pharmacare clients for refills on prescriptions that would usually be filled for longer periods. Additionally, the $5.00 prescription co-pay for clients of the Income Assistance program and the Low Income Pharmacare for Children program is waived.
  • For more information, see the Province of Nova Scotia’s news release of April 22, 2020.[468]

Support to vulnerable Nova Scotians

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