The Canada Emergency Response Benefit will offer $2,000 a month in direct support through the Canada Revenue Agency, and is the main reason the cost of direct COVID-19 aid nearly doubled from an estimated $27 billion last week to $52 billion now.
The taxable benefit of $2,000 a month for up to 4 months will apply to:
- workers who must stop working due to COVID19 and do not have access to paid leave or other income support.
- workers who are sick, quarantined, or taking care of someone who is sick with COVID-19.
- working parents who must stay home without pay to care for children that are sick or need additional care because of school and daycare closures.
- workers who still have their employment but are not being paid because there is currently not sufficient work and their employer has asked them not to come to work.
- wage earners and self-employed individuals, including contract workers, who would not otherwise be eligible for Employment Insurance. Learn more about this here.
Customers on a monthly Autoplan payment plan, who are facing financial challenges due to COVID-19, can defer their payment for up to 90 days with no penalty. Ther are high call volumes, so we have attached their online resource tool to apply for deferrals.
National Post - Canada Emergency Response Benefit