Measures to Help Citizens, Businesses Affected by COVID-19
Premier Stephen McNeil and Dr. Robert Strang, Nova Scotia’s chief medical officer of health, gave an update today, April 2, on efforts to help Nova Scotians dealing with COVID-19.
“Our small businesses and those who are self-employed have always been at the heart of our economy but now that COVID-19 is here, layoffs and closures have slowed the pace of our economy,” said Premier McNeil. “Our economic support plan has added two new programs that will put more than $40 million in the pockets of those out of work and small businesses affected by COVID-19. The goal is to begin processing applications early next week – to get cash out the door as quickly as possible.”
New measures announced today:
- a $20 million Worker Emergency Bridge Fund to help the self-employed and those laid-off workers who do not qualify for Employment Insurance. Government will provide a one-time, $1,000 payment, to bridge the gap between layoffs and closures and the federal government’s Canada Emergency Response Benefit
- $20 million to fund a new program — the Small Business Impact Grant. Eligible small businesses and social enterprises will receive a grant of 15 per cent of their revenue from sales — either from April 2019 or February 2020, up to a maximum of $5,000. This flexible, one-time, upfront grant can be used for any purpose necessary