ARE YOU RECEIVING CERB OR CONSIDERING CERB? CERB WILL BE COMPLETE IN SEPTEMBER 2020.
On September 27, 2020, CERB will be complete and the following benefits will be available in October 2020.
Employment Insurance (EI) benefits for those who remain unable to work and are eligible:
• The work hours required has been reduced to 120 hours
• Minimum benefit rate has been raised to $400 per week
• This benefit is at least 26 weeks of regular benefits
Benefits available with application, effective September 27, 2020:
Canadian Recovery Benefit
• $400 weekly benefit for up to 26 weeks for those that are self-employed, gig workers or don’t meet EI criteria
• Up to $38,000 earnings exemption to encourage return to work. $0.50 per every $1.00 of the benefit will be repayable above $38,000 of earnings
Canadian Recovery Sickness Benefit
$500 weekly for up to 2 weeks for those who do not have sick leave, become sick or must self-isolate
Canadian Recovery Caregiving Benefit
$500 weekly for up to 26 weeks for anyone who can’t work because they are caring for a dependent or a child due to school or daycare closures
Those receiving CERB will have to apply through Service Canada.
Those receiving benefits through Service Canada will have their benefits transferred to EI by Service Canada.
For more information, visit: https://www.canada.ca/en/employment-social-development/news/2020/08/supporting-canadians-through-the-next-phase-of-the-economy-re-opening-increased-access-to-ei-and-recovery-benefits.html
For more information, CLICK HERE to download the Briefing Note from the UBCIC.