I can't fault the math. It sounds right to me. In terms of $240 billion, that is a significant expenditure when our revenues are somewhere in the region of $300 billion a year. I think what the government tried to do, as the minister indicated, was to quickly make funds available to those who were in need and to do so in a very streamlined way to ensure that all people who had lost their income because of COVID-19 were able to source an emergency benefit.
On April 16th, 2020. See this statement in context.