The government of Canada has announced new measures to regain the economy while its income and business support programs against the Covid-19 pandemic are to expire on Saturday.

Canada Deputy Prime Minister and Finance Minister Chrystia Freeland said on Thursday that the new steps with an estimated Canadian Dollar 7.4 billion between October 24 and May 7, 2022, are the "final pivot in delivering the support needed to deliver a robust recovery", according to reports. The Minister noted that Canada is in a new phase following the darkest days of the Covid-19 pandemic. The Canada Recovery Benefit (CRB) will be replaced by the Canada Worker Lockdown Benefit for those whose work is directly impacted by government-imposed lockdowns.

The Minister said that  "We're moving from the very broad-based support that was appropriate at the height of our lockdown to more targeted measures that will provide help where it is needed while prudently managing government finances." The program will provide C$300 a week to eligible workers until May 7, 2022."Temporary lockdowns are still a possibility in the months to come. We want Canadians to know that we intend now to put in place measures that would snap into action immediately," He added.

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