CERB Extended | Business Owners who did not qualify previously - expanded CEBA starts June 19th - Venkata Padmavathi Institute of Medical Sciences (VIMS)

CERB Extended | Business Owners who did not qualify previously – expanded CEBA starts June 19th

CERB Extended 2 more months

Great news for Canadians out of work and looking for work. The CERB will be extended another 8 weeks for a total of up to 24 weeks.

As the country begins to restart the economy, the Federal government will be making changes to the program to encourage Canadians receiving the benefit to get people back on the job. From Prime Minister Justin Trudeau’s website:

“The Government of Canada introduced the CERB to immediately help workers affected by the COVID-19 pandemic, so they could continue to put food on the table and pay their bills during this challenging time. As we begin to restart the economy and get people back on the job, Canadians receiving the benefit should be actively seeking work opportunities or planning to return to work, provided they are able and it is reasonable to do so.

That is why the government will also make changes to the CERB attestation, which will encourage Canadians receiving the benefit to find employment and consult Job Bank, Canada’s national employment service that offers tools to help with job searches.”

More small businesses can apply for CEBA $40,000 no-interest loans

Applications for the expanded Canada Emergency Business Account (CEBA) will be accepted as of Friday, June 19th, 2020. Small businesses that are:

“… owner-operated small businesses that had been ineligible for the program due to their lack of payroll, sole proprietors receiving business income directly, as well as family-owned corporations remunerating in the form of dividends rather than payroll will become eligible this week.”

Apply online at the financial institution your business banks with:

There are restrictions on the funds can be used. From their website https://ceba-cuec.ca/:

“The funds from this loan shall only be used by the Borrower to pay non-deferrable operating expenses of the Borrower including, without limitation, payroll, rent, utilities, insurance, property tax and regularly scheduled debt service, and may not be used to fund any payments or expenses such as prepayment/refinancing of existing indebtedness, payments of dividends, distributions and increases in management compensation.”

Apply starting Friday for Canada Emergency Student Benefit!  Help on the way for seniors. - Logo

Apply starting Friday for Canada Emergency Student Benefit! Help on the way for seniors.

Students can apply for $1,250 through the Canada Emergency Student Benefit starting Friday

From canada.ca:

“The Canada Emergency Student Benefit (CESB) provides financial support to post-secondary students, and recent post-secondary and high school graduates who are unable to find work due to COVID-19.

This benefit is for students who do not qualify for the Canada Emergency Response Benefit (CERB) or Employment Insurance (EI).

From May to August 2020, the CESB provides a payment to eligible students of:

  • $1,250 for each 4-week period

  • $2,000 for each 4 -week period, if you have dependants or a disability”

Seniors to receive up to $500 one-time payment

The Government of Canada will be providing help to vulnerable seniors by providing a one-time tax-free payment of $300 for seniors eligible for Old Age Security (OAS). For seniors eligible for the Guaranteed Income Supplement (GIS), they will receive an additional $200.

Canada Emergency Student Benefit:  Students will be eligible for $1,250 a month from May through August - Amicalola Falls State Park

Canada Emergency Student Benefit: Students will be eligible for $1,250 a month from May through August

Canada Emergency Student Benefit – $1,250/month from May through August or $1,750/month for those taking care of someone else or have a disability

Great news for students worried about financially making ends meet. Prime Minister Justin Trudeau announced the Canada Emergency Student Benefit which provides $1,250/month from May through August or $1,750/month for those taking care of someone else or have a disability.

“Right now you might be worried about how to make ends meet. You probably can’t work your normal job and that might be a big problem for rent or for groceries. So we’re bringing in the Canada Emergency Student Benefit (CESB) to help. With this benefit you’ll get $1,250 a month from May to August and if you take care of someone else or have a disability that amount will go up to $1,750 each month” – PM Justin Trudeau

On eligibility, the Prime Minister added:

“This benefit is designed for you. If you’re a post-secondary student right now. If you’re going to college in September or if you graduated in December 2019. It’s there for you even if you have a job but you’re only making up to $1,000 a month. The period for the benefit will start on May 1st and your payments will be delivered through the Canada Revenue Agency.”

Canada Student Service Grant – $1,000 to $5,000 to support students helping fight against COVID-19

For students looking to volunteer to help fight COVID-19, the Canada Student Service Grant provides $1,000 to $5,000:

“Of course the paying job isn’t the only valuable way to spend your summer. Volunteering can be a fantastic way to build skills, make contacts or just give back. If you are volunteering instead of working we’re going to make sure that you have support too. Students helping in the fight against COVID-19 this summer will soon be eligible for $1,000 to $5,000 depending on your hours through the new Canada Student Service Grant (CSSG). Your energy and your skills can do a lot of good right now” – PM Justin Trudeau

Details of these programs will be posted on the Government of Canada website. Keep checking their website for more details:

Expanded eligibility for Canada Emergency Response Benefit (CERB) & Boosted wages for Essential Workers - Canada Emergency Response Benefit

Expanded eligibility for Canada Emergency Response Benefit (CERB) & Boosted wages for Essential Workers

From his speech this morning (April 15th), Prime Minister Justin Trudeau announced:

“Today, we’re announcing more help for more Canadians. This includes topping up the pay of essential workers. At the same time, we’ll also be expanding the Canada Emergency Response Benefit to reach people who are earning some income as well as seasonal workers who are facing no jobs and for those who have run out of EI recently. Expanding the CERB to include people who earn up to $1,000 per month. Maybe you’re a volunteer firefighter, or a contractor who can pickup some shifts, or you have a part-time job in a grocery store.”

Eligibility for CERB

On eligibility for CERB, the Prime Minister stated:

“If you earn $1,000 or less a month, you’ll now be able to apply for CERB.

If you were expecting a seasonal job that isn’t coming because of COVID-19, you’ll now be able to apply.

If you’ve run out of EI since January 1st, you can now apply for CERB as well

And for others who still need help, including post secondary students and businesses worried about commercial rent, we’ll have more to say to you very soon.”

Wage Boost for Essential Workers

On topping up wages for Essential Workers, PM Justin Trudeau said:

“Our government will work with the provinces and territories to boost wages for essential workers who are making under $2,500 a month, like those in our long-term care facilities”

The government website is being updated with the new qualifications, for full details and to apply click below: