COVID-19 Government Support
With the recent state of emergency due to COVID-19 the government has rolled out various types of emergency funds to help support families who have impacted financially. The CERB
What is CERB ?
The CERB supports Canadians by providing financial support to employed and self-employed Canadians who are directly affected by COVID-19.
It provides a payment of $2,000 for a 4-week period (the same as $500 a week) for up to 16 weeks.
After you apply, you should get your payment in 3 business days if you signed up for direct deposit. If you haven’t, you should get it in about 10 business days.
Who qualifies?
To be eligible, you must meet the following requirements:
You did not apply for, nor receive, CERB or EI benefits from Service Canada for the same eligibility period
You did not quit your job voluntarily
You reside in Canada
You are 15 years old or more when you apply
You earned a minimum of $5,000 (before taxes) income in the last 12 months or in 2019 from one or more of the following sources:
employment income
self-employment income
provincial or federal benefits related to maternity or paternity leave
AND
You stopped or will stop working due to COVID-19, and:
You are applying for the first time
For at least 14 days in a row during the 4-week payment period, you do not expect to receive more than $1,000 (before taxes) from employment and self-employment income
You are re-applying for another period
You do not expect your situation to change during this 4-week period and you do not expect to receive more than $1,000 (before taxes) from employment and self-employment income
OR
You received regular EI benefits for at least 1 week since December 29, 2019
You are no longer eligible for EI benefits
But even with all these benefits a lot of individuals where left out. Due to not meeting the requirements. Many voice their opinions and frustrations with the governments initial requirements. Which forced the government to go back to drawing board and lower the monthly required income amount. But even with this new change thousands of post seconds students where left out.
On April 23rd Trudeau introduces that benefits would be added for students who are left without income due to the state of emergency as well. More of this information to come within the following days.