In times of uncertainty, many of us are wondering the unknown.  With reason, it is understandable to be concerned. Please know that we are all in this together and together we will get through this. We encourage you stay informed and use reputable sources. It is important that we know what is happening daily in order to know if any course of action is further required on our end. 
The government has implemented different options to help you during this pandemic. 


Mortgage deferral can help you! This is an agreement between you and your lender. Usually, the agreement indicates that you and your lender have agreed to pause or suspend your mortgage payments for a certain amount of time. This is a temporary measure. After the agreement of deferred payment comes to an end, your mortgage payments return to normal and the missed payments including principal and accumulated interest will have to be repaid. This is a discussion you have to have with your lender. It is important that you understand that this does not mean you will not have to pay this ever, you will have to repay it back with interest but just not during the agreed time. Talk to your lender! (According to Canada Mortgage Housing Corporation) 


Canada Emergency Response Benefit to Launch on April 6

As part of the COVID-19 Economic Response Plan, the Government recently introduced the new Canada Emergency Response Benefit . This benefit will help Canadian workers impacted by COVID-19 put food on the table and keep a roof over their head.  The CERB will support Canadians who have lost their income because of COVID-19 by providing $2,000 a month for up to 4 months.

Some examples of support to workers provided by the CERB include:

  • workers, including those who are self-employed, who must stop working due to COVID-19 and do not have access to paid leave or other income support;
  • workers who lost their employment, as well as workers who are sick, quarantined or taking care of someone who is sick with COVID-19;
  • working parents who must stay home without pay to care for children that are sick or need additional care because of school and daycare closures; and
  • workers who still have their employment but are not being paid because there is currently not sufficient work and their employer has asked them not to come to work.

Day to apply for the Canada Emergency Response Benefit
If you were born in the month ofApply for CERB onYour best day to apply
January, February or MarchMondaysApril 6
April, May, or JuneTuesdaysApril 7
July, August, or SeptemberWednesdaysApril 8
October, November, or DecemberThursdaysApril 9
Any monthFridays, Saturdays and Sundays



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