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

  • Confidence

    December 03, 2024

    Give and take: The impact of fraud on non-profit organizations

    Fraud poses serious risks to non-profits, from financial losses to reputational harm. Learn how to detect, prevent, and protect your NPO from fraud vulnerabilities.

  • Confidence

    December 03, 2024

    Key insights from MNP's Business Owner Series webinar

    See what our thought leaders had to say about Canada's economic outlook, tax policy, and strategies for mid-market businesses.

  • Progress

    November 28, 2024

    Building career paths for dealership employees: The key to retention and succession planning

    Building career paths for dealership employees is the key to tackling two critical workforce challenges: high turnover and looming retirements.