April 7, 2020 Applications began to be accepted for the Canada Emergency Response Benefit (“CERB”) on April 6, 2020. The CERB will provide eligible individuals a payment of $2,000 for a 4-week period (equivalent to $500 a week) for up to 16 weeks.
The Government stated that payments will be processed within 3 business days if the applicant has signed up for direct deposit with the Canada Revenue Agency (“CRA”). If the applicant has not signed up for direct deposit, the applicant should expect to receive payment in about 10 days.
The Government acknowledged yesterday that there are many groups of people not benefiting from the CERB who probably should. The Government is looking at how they can increase pay for individuals in those groups. The Government is currently in the process of drafting its second piece of emergency legislation to fine-tune and further expand financial assistance measures related to the COVID-19 pandemic.
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