To support workers and help businesses keep their employees and protect the economy, the Finance Minister Bill Morneau, announced the Canada Emergency Response Benefit (CERB) on March 25, 2020.
- Taxable benefit to provide $2,000 a month for up to four months for workers who lose their income due to COVID-19 pandemic
- Cover Canadians who have lost their job, are sick, quarantined, or taking care of someone who is sick with COVID-19
- Cover working parents who must stay home without pay to care for children who are sick or at home because of school and daycare closures
- Cover wage earners
- Cover contract workers
- Cover self-employed individuals not eligible for Employment Insurance (EI)
- Cover workers who are still employed, but are not receiving income because of disruptions to their work situation due to COVID-19
- Cover people who have ceased working due to COVID-19, whether they are EI-eligible or not
Timeline:
- Canadians would begin to receive their CERB payments within 10 days of application.
- CERB would be paid every four weeks and be available from March 15, 2020 until October 3, 2020.
For detailed information, visit, Govt. of CANADA