The Province of Alberta has announced several new initiatives to ease the financial strain on Albertans during the COIVD-19 pandemic.
This includes freezing the educational property tax for personal property, deferring the same property tax for businesses, and Workers Compensation Benefit premiums being deferred for private sector employers.
The package includes $50 million to support those adults who have gone into self-isolation either for themselves or a dependent.
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This will come in the form of a single payment to help Albertans until the federal support program comes into effect in April.
Utility payments can be deferred for any residential, farm, or small business for the next 90 days, and there has been a six-month, interest free moratorium placed on Alberta student loan payments in addition to the freeze placed on Canada student loan payments.
For more information on these measures and how to access support, visit the Government of Alberta website.
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