Access to Emergency Funds
Posted On April 22, 2020
The Canada Emergency Response Benefit is available to support Canadians through this really challenging time. Here are some things you might find useful:
You can apply if: you reside in Canada, are 15 years of age or older, did not quit your job voluntarily, earned $1000 or less before taxes in the 14 consecutive days prior to the application period, and you stopped work due to COVID -19. You can apply online through CRA My Account, or over the phone. More information and FAQ’s are available at https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html.
Eligibility periods begin 15 March and you must reapply each month (4-week periods). You can receive $2000 per month; this money is taxable and must be reported on your 2020 Income Tax Return.
This benefit is available until 3 October and must be applied for before 2 December 2020. if you have been terminated, laid off or face a reduction in work hours; are sick, quarantined, in self isolation or taking care of someone who is sick with COVID-19. Or you are working parents who must stay home without pay to care for children due to illness or school/daycare closures.
Even if you were not eligible for GST/HST credit, but have filed your 2018 tax return, you may also get a one-time credit amount. The Province of Ontario is doubling the Guaranteed Annual Income System payment for low income seniors for 6 months. Expanding access to the emergency assistance program administered by Ontario Works. For families with children (0-12 years) will receive $200 per child. You need to apply for this benefit through the Ontario.ca website.