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Ontario introducing a $17-billion package to help address the COVID-19 pandemic
BY , Mar 25, 2020 9:27 PM - REPORT AN ERROROntario is introducing a $17-billion package to help address the COVID-19 pandemic.
The money is meant to support the province's health sector, people and businesses.
New spending includes a $1-billion pandemic contingency fund, nearly $1 billion more for hospitals, and $75 million for more personal protective equipment for front-line workers.
Measures also include a one-time payment for parents of $200 per child 12 years old and under, doubling payments for low-income seniors and suspending student loan payments for six months.
The plan includes both $7 billion in new spending and $10 billion in tax and other deferrals.
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