Pillars of Canada’s COVID-19 Economic Response Plan by the Numbers

Canada Emergency Business Account: as of December 1, 3,277 loans provided to
businesses, worth a total of $131 million.

Canada Emergency Commercial Rent Assistance: as of December 1, 398 tenants,
representing 3,083 employees, for a total funding of $3.27 million.

Canada Emergency Wage Subsidy: as of October 25, 6,630 applications, for a total of
$140 million in subsidies paid out.

Canada Emergency Response Benefit: as of October 4, over 35,000 Islanders
supported. In a population of 159,000, this is more than 1 out of every 5 people

2020-21 Major Federal Transfers to the Province

• $454 million through Equalization, an increase of $35 million from the previous year
• $177 million through the Canada Health Transfer, an increase of $8 million from the previous year
• $63 million through the Canada Social Transfer, an increase of $2 million from the previous year
• $52.5 million for Prince Edward Island through the Safe Restart Agreement
• $12.5 million support with the costs of increasing testing capacity, perform contact tracing, and share public health data that will help fight the pandemic
• $5.0 million to support health care system capacity to respond to surges in COVID-19 cases and to support and protect people experiencing challenges related to mental health, substance use, or homelessness
• $3.1 million to address immediate needs and gaps in supportive care and provide health and social supports for other vulnerable groups
• $8.4 million to support municipalities with COVID-19 operating costs
• $12.5 million to ensure health and non-health workers have access to the personal protective equipment that they need
• $4.5 million to address the reduced availability of child care spaces and the unique needs stemming from the pandemic
• $6.4 million in additional supplementary support
• Up to $10.4 million available through the Safe Return to Class Fund
• $16.7 million through the Essential Workers Support Fund