But he stressed measures to protect seniors in care facilities from the potentially deadly virus would be discussed with all provincial and territorial leaders Thursday evening.
Trudeau says 195,000 loans worth a total of $7.5 billion have so far been approved.
"That's just what 2020 brings", he said. "We're making sacrifices, we're there for each other, we need to hold on".
Trudeau said the federal government may also assist with sending members of the Red Cross and specialized volunteers who have registered with Health Canada.
Now each province sets its own standards for who should or should not be tested, with most focusing on high-risk settings like hospitals and long-term care homes.
Health Canada is now reporting 28,899 cases of coronavirus in Canada with 1,048 fatalities.
"This program will provide support to help small businesses with their rent for the months of April, May, and June", he told reporters.
The program was previously only available to businesses with payrolls ranging from $50,000 to $1 million.
Stuck with tickets for concerts postponed by coronavirus? You’re probably screwed
Most recently, Ticketmaster , which sells more than $30 billion in tickets per year, has made changes to its refund policy. Unfortunately, it's hard to sell tickets to other buyers when your tickets are for shows that now haven't been rescheduled.
This notice from the U.S. Embassy in Canada was posted on Facebook in March.
Asked about the continued closure of the Canada-U.S. border, Trudeau said it will remain closed to non-essential travel for now and that both sides are looking at ways to move forward.
Trudeau said at his daily news conference that Small Business Minister Mary Ng and other cabinet members had heard from business owners that did not fit the previous eligibility criteria.
The Prime Minister also spoke recently with G7 country leaders about the ongoing COVID-19 pandemic.
Trudeau also announced New Brunswick based LuminUltra is ramping production to better supply Canada with COVID-19 test chemicals.
It's been almost a month since the two countries negotiated their 30-day ban on non-essential travel in both directions, a remarkable agreement that exempted the flow of trade and commerce, as well as vital health care workers like nurses who live and work on opposite sides of the border.
Details have to be worked out with the provinces as that particular aspect of business falls under provincial jurisdiction.