Many of our member-owners have been asking about financial relief and options available to them from the Government of Canada as well as the credit union. To help support you during these difficult times, we have compiled a list of relevant links and information sources regarding personal and business support options from the Government of Canada, the Province of Ontario, and other options available to Luminus member-owners.

Canada Revenue Agency

Helping Canadians with the economic impact of the COVID-19 Pandemic
The Canada Revenue Agency (CRA) has developed this page to provide updates on the fiscal measures taken by the Agency to help Canadians manage their tax and benefit affairs as this situation evolves. This page will be updated as new information is available.

Canada’s COVID-19 Economic Response Plan
On March 18, 2020, the Prime Minister announced a new set of economic measures to help stabilize the economy during this challenging period. These measures, delivered as part of the Government of Canada’s COVID-19 Economic Response Plan, will provide up to $27 billion in direct support to Canadian workers and businesses.

• Support for Individuals - includes information on the new Canada Emergency Response Benefit for those facing unemployment, Canada Child Benefits, income tax return changes, mortgage support and more.
• Support for small businesses - includes information on work-sharing programs, wage subsidies, access to credit, income tax payment schedule changes and more.

The Province of Ontario

The 2019 Novel Coronavirus (COVID-19)
Learn how the Ministry of Health is helping to keep Ontarians safe during the Novel Coronavirus (COVID-19) outbreak. Find out how to protect yourself and how to recognize symptoms.

Luminus Financial

Canada Emergency Business Account (CEBA) Available Through Luminus Financial

We are glad to announce that Luminus Financial has been approved to implement the Canada Emergency Business Account (CEBA) for eligible small businesses whose revenues have been temporarily reduced due to the economic impacts of the COVID-19 virus.

Up to 6 Month Deferral Payments for Mortgages and Loans

Many of our member-owners have been in touch about deferring mortgage and loan payments as a result of income loss and the continued uncertainty surrounding the spread of COVID-19. With our day-to-day lives rapidly changing, we understand the need for financial relief from mortgage payments, as well as personal and business loan payments.