Provinces Reach Deal with Federal Government Over $19 Billion Safe Restart Agreement

Provincial and territorial governments have come a deal with the federal government, and as a result will be receiving billions of dollars in transfers in order to safely continue reopening vital services during the coronavirus pandemic.

According to Prime Minister Justin Trudeau, Canada’s federal government has agreed to contribute a total of $19 billion under the Safe Restart Agreement. The funds will be distributed according to population sizes, and will help provinces with various expenses including child care, health care including mental health resources, aiding vulnerable populations, funding personal protective equipment, as well as public transit. Moreover, provinces can allocate portions of the funds towards helping their respective municipal governments with surging expenses amid declining revenues.

The Safe Restart Agreement also includes a sick leave provision, which will provide up to 10 days of paid sick leave in order to deter those working in hazardous conditions from coming to work ill. However, some provincial governments argued that the funds should not come attached with conditions, and instead allow provinces to allocate the money as they see fit. Nonetheless, Justin Trudeau outlined several priority areas that need to be addressed with the $19 billion, such as increased coronavirus testing and support for vulnerable people.

However, the Safe Restart Agreement does not include a provision for public education, given that it is overseen by provincial governments. With a new school year approaching in the fall, many parents are becoming increasingly worried if their children will be able to physically attend school.

Information for this briefing was found via Bloomberg. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

This Gold Story Starts With Cash Flow | Gordon Robb – ESGold

Silverco Cusi Mine PEA: Bigger Isn’t Always Better

Fixing Heart Disease Tied to Sudden Death in Young People | David Elsley – Cardiol Therapeutics

Recommended

Kirkland Lake Drills 121 Metres Of 1.01 g/t Gold At Mirado

Cambria Gold To Spin Out Mt. Margaret Copper-Gold Project Into US-Focused Entity

Related News

Canada Competes to Host New NATO Defence Bank as Major Cities Campaign for Headquarters

Canada has entered the competition to host a new international bank that would finance military...

Friday, February 13, 2026, 11:32:00 AM

Trudeau Plans to Ease Pressure on Immigration … By Increasing Immigration

Prime Minister Justin Trudeau is planning to increase immigration in Canada to ease the pressure...

Thursday, February 23, 2023, 07:33:00 AM

Canadian Manufacturing Sales Declined 1.6% In February

Following a significant increase observed at the beginning of the year, Canadian manufacturing sales dropped...

Sunday, April 18, 2021, 11:12:00 AM

The Gods Must Be Crazy: Are Capitalists Having a Come To Smith Moment?

Michael Batnick wrote a very intelligent post about the rage of the American wage earner...

Tuesday, April 21, 2020, 08:42:05 AM

Charter Talks Begin in Montréal as Canada Moves to Front of Defense Bank Race

The competition to host the Defence, Security and Resilience Bank entered a new phase this...

Thursday, March 26, 2026, 02:18:00 PM