COVID-19 and J & C Toronto Real Estate

By: Jon Paulson & Cheryl Mickolwin

COVID-19 and J & C Toronto Real Estate




Health & Safety continues to be our focus at this time. We understand that our clients, friends, family and colleagues are all navigating this pandemic, one day and one hour at a time. We wanted to share tips and assistance available from the Government to you, all in one place. 

The stimulus plan is growing and changing as we type and this is all subject to change. 

1. Mortgage Deferrals. Most lenders are offering up to 6 months deferral of your mortgage if you qualify. Some banks do not allow this if your requested deferral is on an investment property. These rules are changing everyday though. Check with your lender.

A list of lenders and their contact numbers are below. If you would like to be put in touch with one of our Mortgage Brokers, let us know. We can help. 

*Remember, this is a deferral and as of right now the accrued interest gets put back into your mortgage. This isn't the right answer for everybody.

2. For the City of Toronto, Property Tax deadlines have been extended until June 1st without penalties. Depending on how you pay your Property Taxes will dictate how this will effect you. 
3. Toronto utility (sewer, water and solid waste) payment deadlines have been extended for 60 days. (90 days in Mississauga.)
4. Ontario Hydro is temporatily suspending time of use pricing, charging off-peak hours at all times. This is in place for the next 45 days. Toronto Hydro will not be disconnecting electricity at this time and if you have any questions about payment, you can contract Hydro directly.
5. Tax deadlines have been shifted. Taxes now do not have to be filed until June 1st and are not due until August 31st. We are suggesting to all of our clients to file as they normally would, in case there are other refunds to be received etc...
6. Some parents will be eligible to receive an increase in their Child Care Benefit. 
7. Driver's Licence and OHIP card renewals have been extended. The extenstion date has not been determined as of now. *Note* All Service Ontario locations are now closed and everything is moved to online and phone. 
8. If you've lost your job and you qualify for EI, you can receive your benefits in a quicker time frame and up to 55% of your pre-tax income. The rules to what and who is qualified can be found on the website. You can access the website to apply online for EI, here:
9. Sick leave benefits - if you are not receving benefits through your employer, there is a plan the Government is putting in place. As of right now, this would pay up to $900 every two weeks for up to 15 weeks. 
10. Self employed - The Canada Emergency Response Benefit has been put in place. This would give individuals up to $2000 per month for up to 4 months. The News Release from today (March 25, 2020) can be found here ~
11. One-time GST credit for low income individuals has been proposed. No information as of yet. 
12. Province wide, school are now ordered close past the April 5th date. Check your individual school board for more information. 
13. Small to medium businesses - $40k interest free (for a year) loans will be available, Federal subsidies for workers is now up to 75%, GST/HST payments have been deferred until the summer. Details still to be announced.

If you are a Landlord or Tenant at this time, please make sure you are keeping all communication open and most of us are struggling and remember we are all in this together. 

More detailed on the above information can be found at: COVID-19 Economic Response 
City of COVID-19 Information and Assistance

Public Health is working hard to get out the message of how we can #flattenthecurve #plankthecurve. What we are doing to help achieve this will aleviate pressure on our health care system. Our health care heros are already starting to feel the COVID-19 effects, so it's important to remember ~

1. Wash your hands with soap and water for at least 20 seconds. And wash your hands often, especially after touching any surfaces. 
2. Try not to touch your face, especially after touching any surfaces or coughing/sneezing.
3. Disinfect any surfaces that are touched often or if you are brining in anything into your home from outside 
4. Stay Inside and if you have to be out somewhere, please use physical distancing of at least 2 meters apart. 
5. Cough or sneeze into your elbow or a tissue and immediately throw away the tissue and wash your hands. 
6. If you feel unwell, stay inside and isolate yourself from others. If you have any COVID-19 symptoms, contact the hospital/doctor prior to going. 

Act as though you have the virus and do not want to give it to anyone and as though everyone has the virus and you don't want to get it.

"Socially Distancing" in this time ~ Our 5 favourite apps to stay in touch with your loved ones during this time. All of these apps can facilitate multiple people on the call!

1. Zoom (Zoom tutorial
2. Google Hangout (Hangout Video Tutorial)
3. FaceTime (Group FaceTime Info)
4. WhatsApp (Group Video Calls)
5. Skype (Group Video Calls)

Grocery Shopping in the time of COVID-19. Courtesy of "Toronto" Twitter Account!

Buying your groceries online? Here are some great online delivery websites (please be patient... wait times for pick up and delivery are longer than usual right now!)

1. (Longos)
2. /
8. (Using the Cornershop App)
9. Whole Foods (Through

Check your local grocers as well. Many do offer these services as well.

For Meal Delivery, our go-tos are:


What J&C have been binge-watching:

(We're using Netflix and Crave for our fix)

1. Better Call Saul
2. Westworld
3. Tiger King (we jumped on the bandwagon)
4. Ozark
5. The Haunting of Hill House (very scary, not for the faint-hearted!)
6. Mindhunter
7. The Witcher
8. Parks & Recreation
9. Orange is the New Black
10. Schitt's Creek

For more information on COVID-19 ~ 

Public Health Ontario 
World Health Organization (WHO)
Center for Disease Control (CDC)

We're all in the together.

J + C