Menu
Log in


COVID19 Benefits for Businesses and Individuals

13 January 2021 2:56 PM | Anonymous

In light of the emergency measures due to be introduced on January 14, 2021 we have reviewed Federal aid benefits currently in place and have listed them below:

Employees: 

EI- https://www.canada.ca/en/services/benefits/ei.html

CRB- Canada Recovery Benefit- Eligible employees receive $500 per week (taxable, tax deducted at source) for up to 26 weeks and have had employment income reduced by 50%

CRCB- Canada Recovery Caregiving Benefit- Eligible to receive $500per week  (taxable, tax deducted at source) for up to 26 weeks who are unable to work more than %50 of the week to take care of children under 12 because of school and daycare closures because COVID19

Please see the link below for more information on the above

https://www.canada.ca/en/services/benefits/ei/cerb-application/transition.html

Businesses:

CERS- Canada Emergency Rent Subsidy- https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-rent-subsidy.html

CEWS- Canada Emergency Wage Subsidy- https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-wage-subsidy.html 

Please note the  amounts have changed as of January 6, 2020- https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-wage-subsidy/cews-what-changes.html

CEBA- additional $20,000.00, $10,000 must be paid by December 31,2022 for the other $10,000.00 to be forgiven (same parameters as CEBA $40K) Your bank will show it as a $60K loan now. $40K by December 31, 2022 for $20K to be forgiven. 

Ontario Benefits Business:

https://covid-19.ontario.ca/covid-19-help-businesses-ontario

Ontario Benefits Individuals:

https://www.ontario.ca/page/covid-19-support-people#section-0

PLEASE NOTE: CERB is no longer available as of December 2, 2020.

We will continue to monitor the government support programs and will update the website accordingly.


Contact

Email: info@cpiontario.ca

24-155 East Beaver Creek Road, Ste 166, Richmond Hill, ON, L4B 2N1

Powered by Wild Apricot Membership Software