We Care for Your Health - Covid-19 Update
We are witnessing one of the worst pandemic situations in recent times. We realize how emotionally and physically challenging it can be for you and your family in these unprecedented times. With that in mind, at OM Financial Inc., we strive towards providing our clients with the best service possible amidst the dire situation.
There are plenty of individuals who might have to travel abroad or inside Canada for various reasons. To ensure your safety and comfort, we have implemented several preventive measures for the same. From restricting non-essential travel and rescheduling significant events to having a limit to in-person meetings, we have shared and updated all the information with our team to handle the situation efficiently. For your peace of mind, our team members are tested regularly to ensure the continuous operations of the business.
If you have any queries or concerns regarding your insurance coverage or you are affected by COVID-19, give our team a call today. We are here to make things as stress-free as possible for you. If you cannot reach us, don’t worry, our team will get back to you as quickly as possible to assist you with your queries.
Canada Government Support For COVID-19
The Canadian government has issued plenty of benefits and services to assist those individuals affected by the pandemic. Some of these include:
Individuals under the Canada Recovery Caregiving Benefit (CRCB), Canada Recovery Sickness Benefit (CRSB), and Canada Recovery Benefit (CRB) are entitled to receive an increase in the number of weeks of benefits available for employment insurance regular benefits. This increase makes sure that the individual has access to income support while the economy is slowly getting back on track.
Fully vaccinated international travellers will be allowed to enter the country. They are no longer required to book a 3-night hotel stopover when entering Canada. If you are not fully vaccinated, then you are required to mandatory isolate and quarantine.
Provincial support and benefits available for those individuals affected with COVID-19 such as:
Employment Insurance (EI) programs to support Canadian citizens who require financial assistance.
Providing additional financial support of up to CAD 1200 to families who have children under the age of six.
Offering refundable tax credit to help individuals who earn a low income.
Mortgage payment deferral for homeowners facing financial difficulties.
Waving interest on apprentice and student loans
Support business by creating new job opportunities, rehiring employees, and providing a subsidy on eligible salary or wages to help hard-hit enterprises to hire the workers they need to recover and grow as local economies reopen.
The Highly Affected Sectors Credit Availability Program (HASCAP) provides businesses heavily impacted by COVID-19 access guaranteed, low-interest loans of $25,000 to $1 million to cover operational cash flow needs.
Providing support for self-employed individuals contracted with COVID-19. Up to CAD 500 per week.
Loan guarantee for small and medium-sized businesses.
Providing support to indigenous businesses during the pandemic.
Funding for live arts, music, and sports to support the planning of COVID-19 safe events.
If you need any more clarity on how we can offer help to you during these tough times, do give us a call and our executives will be available to assist you.