person working on a laptop

Tax Update: Government of Canada Announces CERB and EI Changes

Tax Update: Government of Canada Announces CERB and EI Changes

Synopsis
6 Minute Read

What you need to know about the latest emergency measures from the federal government.

Current as of August 20, 2020, 13:00 MST

The Canada Emergency Response Benefit (CERB) will be extended by an additional four weeks to a maximum of 28 weeks. The many Canadians expecting to exhaust their CERB benefits at the end of August will now be able to access an additional month of support.

Employment Insurance (EI) will be available to more Canadians, including those who would not have qualified for EI in the past. This simplified EI program is effective September 27, 2020. Applications for the new recovery benefits will open in October, with payments flowing in three to five days after application submission.

Supporting Canadians through the next phase of the economy re-opening: Increased access to EI and recovery benefits

Insights

  • December 19, 2024

    How MNP’s Voting and Election Services supported Calgary Co-op through the election process

  • Progress

    December 18, 2024

    How your dealership can build a more gender-diverse workforce

    With only 23 percent of employees in new car dealerships being women, the gender gap continues to persist in the automotive industry.

  • Performance

    How will the CRA’s significant GST/HST update impact your dental and orthodontic practice?

    How will the recent GST/HST update impact your dental practice? Understand the new requirements for claiming ITCs and opportunities for GST/HST refund claims.