Emergency isolation support
- Eligible working Albertans can receive a one-time emergency isolation support payment of $1,146 if they:
- experienced total or significant loss of income as a result of having to self-isolate, or are the sole caregiver of a dependent who is self-isolating, and
- have no other source of compensation, such as workplace sick leave benefits or federal employment insurance benefits
Utility payment deferral
- Residential customers can defer electricity and natural gas bill payments for the next 90 days to ensure no one will be cut off, regardless of the service provider.
- This program is available to Albertans who are experiencing financial hardship as a direct result of COVID-19. For example, those who have lost their employment or had to leave work to take care of an ill family member.
- Call your utility provider directly to arrange for a 90-day deferral on all payments.
Learn more about the 90-day utility payment deferral (PDF, 128 KB)
Student loans repayment deferral
We are implementing a six-month, interest free, moratorium on Alberta student loan payments for all Albertans in the process of repaying these loans.
- Alberta Student Loan repayments will be paused for 6 months, beginning March 30, 2020.
- Interest will not accrue during this period. This mirrors the approach of the Canada Student Loans Program. This mirrors the approach of the Canada Student Loans Program.
- Students do not need to apply for the repayment pause.
- Borrowers may continue making payments during this period if they choose and this will not affect their eligibility to receive the benefit.
Banks and credit unions
ATB financial customers
- Personal banking customers can apply for a deferral on their ATB loans, lines of credit and mortgages for up to 6 months.
Alberta Credit Unions
- Credit union members will have access to a variety of programs and solutions designed to ease difficulties with loan payments and short-term cash flow.
- Contact your credit union to work out a plan for your personal situation
Education property tax freeze
- Residential education property tax rates will be frozen at last year’s level – reversing the 3.4% population and inflation increase added in Budget 2020.
- This will save households $55 million.