In addition to these employment measures, most provinces, territories, Indigenous communities and municipalities are increasing the availability and the amount of aid that is offered by programs that were already in place before COVID-19. Visit the websites of your municipal government and local organizations, to see if there might be other extras you can count on during this time. Here is a link to the economic support provided by the city of Toronto, for example, including information on property tax payment grace periods; this link offers information provided by the Northwest Territories, including a full list of subsidies and programs that are available during the COVID-19 crisis.
Extensions on income tax filing and payments
The federal government has extended the deadline for filing personal income tax to June 1, 2020. As well, the payments of any outstanding tax balance can be deferred until August 31, 2020, without incurring any interest charges or penalties. More details can be found here. Quebec is the only province that collects personal income taxes separately, and it has also extended the tax deadlines for this year.
Increased federal benefits
The federal government is automatically raising the amount of Canada child benefit (CBC) that is paid to every family by $300 per child per month. The payment increases will begin in May. The government will also make a one-time payment for families with modest incomes through the GST/HST credit. Individuals can expect close to $400, and couples can expect around $600 in mid-May.
Student loan extensions
As of March 30, the repayment of Canada Student Loans and Canada Apprentice Loans has been automatically suspended for six months, until September 30, 2020, and no interest will accrue. Quebec, Alberta, British Columbia, Saskatchewan, Nova Scotia, Prince Edward Island and Ontario are also providing similar payment freezes on their student loan programs.
Registered Retirement Income Funds (RRIFs)
The minimum withdrawal for RRIFs has been reduced by 25% for 2020, reducing the total amount of taxable income that retirees will have to claim and, thus, reducing how much tax they will owe.
Utility bill deferrals
Many provinces and municipalities are mandating that utility payments can be deferred for 90 days. Please check with your local service providers to see what options are available to you. BC Hydro is also offering grants of up to $600 for people who have lost income due to the COVID-19 outbreak.
Mortgage and other debt repayment deferrals
Canada’s largest banks and many credit unions are offering mortgage deferrals of up to six months for people who are struggling to make ends meet during this crisis.
They are also offering payment deferrals on other debt, such as lines of credit and credit cards. It’s important to understand that this is not mortgage or debt forgiveness, and that you should assume interest will continue to accrue on the outstanding balance (talk to your lender about the specifics that apply to your mortgage, line of credit or loan). Since it will take you longer to pay off your mortgage and interest will continue to accumulate, it is possible that deferring payments now might end up costing you more in the long run—so only defer payments if you truly need to. You may also want to consider other measures, such as increasing your amortization so your repayments are smaller, and spread out over a longer period.
What about those of us who just had EI cut off and can’t go back to work because of covid 19? I was on med EI and I’m now 29 weeks pregnant. Just got my last payment today. 1 week pay. I cant cover my rent nothing. My landlords have bills too. The mill I work
at is still open but I’m not willing to go back to work with so many employees. What can I do?
Due to the large volume of comments we receive, we regret that we are unable to respond directly to each one. We invite you to email your question to [email protected], where it will be considered for a future response by one of our expert columnists. For personal advice, we suggest consulting with your financial institution or a qualified advisor.
does cerb need to be repaid to the government, later.
What help do the Service Plumber/Hvac techs receive, when theyre employers are not experiencing shortage of work but the tradesman is pushed by government & social pressure to self isolate.
Due to the large volume of comments we receive, we regret that we are unable to respond directly to each one. We invite you to email your question to [email protected], where it will be considered for a future response by one of our expert columnists. For personal advice, we suggest consulting with your financial institution or a qualified advisor.
What about someone who was looking for work but cannot now due to covid
Due to the large volume of comments we receive, we regret that we are unable to respond directly to each one. We invite you to email your question to [email protected], where it will be considered for a future response by one of our expert columnists. For personal advice, we suggest consulting with your financial institution or a qualified advisor.
The article states “The federal government is automatically raising the amount of Canada child benefit (CBC) that is paid to every family by $300 per child per month. The payment increases will begin in May.” As far as I understand it, the increase is $300 per child on the annual amount. This will be made as a one time payment on the benefits paid to families during the month of May. Please clarify your ‘$300/month’ increase stated abouve for Canada Child Benefits.
I was laid off in March and I’m not that great with the computers but I’ve been trying to find the application for the covid 19 emergence payment. I had read that if you don’t get it in the first 4 weeks you will not receive it then . They should have the application right on one site to make it easier for people . The applications shouldn’t be so hard to find ….
From what my colleagues and I can tell (independent contractor medical transcriptionists), we are not eligible for any of these programs, leaving us with no supports. We were never eligible for EI. We are not covered by CEWS because we are not employees. We are not covered by CERB because our income, now a small fraction of pre-COVID-19 amounts because of elective clinics and surgeries being canceled, is not zero. We’ve been hearing for a while now that benefits for people like us in similar positions will be offered in some form as these programs are tweaked, but there has been nothing to date that covers us. Several petitions are currently circulating to try to address this issue, including one that has garnered about 25,000 signatures since being started 4 or 5 days ago. Some of us are earning less than 10% of our usual income.
What about those that are already on e.i due to winter lay off. Getting very little and cant return to work. Im Recieving much less than the 2000 a month from e.i and qualified before this happend?
What about people with wcb claims.N.S.
I have taken my mom from her long term care facility and are self isolating for the 14 days. I will be her caregiver until the pandemic is over and they allow her back. I am taking a leave of absence from my job but don’t seem to fit into the eligibility criteria to receive EI or the CERB. I know they are trying to fill in the holes but my situation has not been addressed or have I overlooked something?
Due to the large volume of comments we receive, we regret that we are unable to respond directly to each one. We invite you to email your question to [email protected], where it will be considered for a future response by one of our expert columnists. For personal advice, we suggest consulting with your financial institution or a qualified advisor.
Hi I applied for ei just before this fund announcement. And my EI is half what this is. I cannot pay rent on the ei I receive. So it seems a bit unfair this give 2000 a month when I get 800. And I can’t work because of the virus too. Any suggestions or advice on that. Thank you
Due to the large volume of comments we receive, we regret that we are unable to respond directly to each one. We invite you to email your question to [email protected], where it will be considered for a future response by one of our expert columnists. For personal advice, we suggest consulting with your financial institution or a qualified advisor.
I have a retirement income and receive OAS and CPP. I work as well and made 5330 last year. Should I apply?
My daughter defaulted in osap along time ago she has been paying them for years now with no interest relief . She is 33 and just did her income tax for the first time last year osap took ten thousand .now their is no payment to osap till sept , she also on receives gst ..
Will they take any of her cerb from her ??
Thank you in advance she is so worried
I have been unemployed for. Few months and in receipt of ODSP taking care of my dad who is retired and in his 80s. I find it difficult to pay all bills and keep food on table as well.
so I ve a full time and a part time job, have been laid off from my pastime job and don’t know if am qualified to apply for CERB
What about us whos EI just ran out and can’t go back to work BC of the covid19 crisis? I was on maternity and ran out March 29th and have a four monh old baby? What do we do?
Due to the large volume of comments we receive, we regret that we are unable to respond directly to each one. We invite you to email your question to [email protected], where it will be considered for a future response by one of our expert columnists. For personal advice, we suggest consulting with your financial institution or a qualified advisor.
Is the government going to cover wages for people that take elders into their homes for care at this time.. Due to needing 24 hour care and the care homes bring to full to take them in
I am receiving CPP disability benefits and work part-time 15 hours/ week. I am now home with my children but from work home 8 hrs/week. Would my situation qualify under the updated CERB?
Thanks.
If I’m on Wcb long term disability and CPP Disability, do I qualify for the cerb?
Due to the large volume of comments we receive, we regret that we are unable to respond directly to each one. We invite you to email your question to [email protected], where it will be considered for a future response by one of our expert columnists. For personal advice, we suggest consulting with your financial institution or a qualified advisor.
What if I was on e.i but my last e.i payment was on March 3 2020. I can’t find work because of pandemic. Can I apply for CERB?
My tenant gave his notice due to the Covid. May I apply for compensation due to the loss of income I now have without his monthly rent cheque?
What about people only living on $535 and my rent is 400a month and now my bills are backed up and ready to loose my electricity and my fridge is empty. where can I get help and Fast, I suffer from depression and all this is not helping.
I started EI Feb. 22 so I don’t qualify for CERB. I only take home $1200 a month on EI. Should I not be topped up to $2000 like most others, to be on an equal field, to those that have lost their jobs due to Covid-19 because it’s even harder to find work.
Due to the large volume of comments we receive, we regret that we are unable to respond directly to each one. We invite you to email your question to [email protected], where it will be considered for a future response by one of our expert columnists. For personal advice, we suggest consulting with your financial institution or a qualified advisor.
Looking for information or site concerning hiring a student using the Covid-19 relief fund. I am a small cottage business and was told there was a subsidy youth program available
Thanks
I work in healthcare . I work with Adults that are handicapped. I have two jobs same occupation but work in two locations. I lost my part time job having to choose one at this time. I am paying child support with the grid of two jobs but only have one. I can’t get the payments changed as I was told I have to hire a lawyer and go back to court to change the payments but the courts are closed. I also don’t have the second job to stay afloat . I don’t qualify for the Emergency fund or EI as I make more than. 1000 coming in. I was made to give up the second job .
Is there any other help that I may qualify for ? Very frustrated…
Due to the large volume of comments we receive, we regret that we are unable to respond directly to each one. We invite you to email your question to [email protected], where it will be considered for a future response by one of our expert columnists. For personal advice, we suggest consulting with your financial institution or a qualified advisor.
My granddaughter age 19 graduated June 2019 in Alberta…she Has never filed income tax return..she cannot register, the automated line wants an amount from your tax return to register…we have tried numerous times…we would like to speak to someone who can resolve this.. she lives in Calgary has no job and no income at all.
She has rent, etc to pay. She spoke to Alberta support and was told to register for cerb…..she needs some emergency money ASAP.
Can someone help us??
What about someone who apply for someone who got to stay home cause shes got a lot of health issue if she would catch this decease it would simply kill her those that qualify
What about those of us with disabilities that don’t allow us to go out for food or supplies? Other than a higher GST in April, no one seems to be thinking of us. Is there any other relief available?
I need money I loss my business
I am in almost same situation Lloyd Cripps, I work in 2 care homes Each part time, and was foRaced to pick one with virus going on. I make more than 1000 a monthRight now, but my rent n bills r Waaay more than what I’m earning right now with only one part time job, yet I’m not elible for Canada or bc benefits.
When covid19 started in our country zambia I lost my job due to the closures of the contraction company I used to work for as a painter therefore I have no money to support my growing children I need help please
Response from the MoneySense editorial team:
Hello Chachipa, thank you for reaching out.
Due to the large volume of comments we receive, we regret that we are unable to respond directly to each one. We invite you to email your question to [email protected], where it will be considered for a future response by one of our expert columnists. For personal advice, we suggest consulting with your financial institution or a qualified advisor.
It should be mentioned: a one-time payment of $600.00 is expected to be distributed October 30, 2020 to those who hold a valid Disability Tax Credit Certificate.
Ontario, has a one-time grant available to those who are at risk of loosing their hydro and/or natural gas. The amount is 500.00 and is available until October 31, 2020.
Internet providers are offering wifi at a very low rate to those on a limited income.
If you are in a position to do so; donate to your local food banks, boys and girls club, churches etc. The winter months are coming quickly and people will need the help!
Good day . I’m a single parent . I have 3 children living with me . The ei and child tax benefit are appreciated vary much . But it is not enough to feed and shelter my family . I read that ctb was increased 300 per child . I have not received it . Alberta maintenance enforcement is still garnishing my ei every 2 weeks for old claims for my adult children . Is there help I can qualify for?
Due to the large volume of comments we receive, we regret that we are unable to respond directly to each one. We invite you to email your question to [email protected], where it will be considered for a future response by one of our expert columnists. For personal advice, we suggest consulting with your financial institution or a qualified advisor.
what about those people who have been unemployed for more than a year?
Hi there does anybody know the phone number for the C.R B ty soo much
Why isn’t the Government helping our Elderly more during Covid 19! They are already under the paid, with inflation rising so high!
when and where can i find an applaction to file for the curb bennifates
Due to the large volume of comments we receive, we regret that we are unable to respond directly to each one. We invite you to email your question to [email protected], where it will be considered for a future response by one of our expert columnists. For personal advice, we suggest consulting with a qualified advisor.
I was employed prior to the arrival of covid 19. I stopped working due to a scheduled operation ordered by my Dr./ Dr. Glen Fedor in Williams Lake. The operation was to remove an adreno valve.
This medical condition is rare, in over thirty years it was the only case of its kind in his practise. It was a five hour surgery performed in Kamloops on March 16th 2020. I survived the surgery and the day I was released Kamloops Royal Inland was closed because of covid. I returned home and underwent my recovery time from the Surgery. Due to covid, my employment was reduced as a logging truck driver. Upon advice from my Dr. and the presence of an illness called Bi-Polar, I chose to retire at 69 years of age. Covid 19 drastically interfered with my ability to earn a living following my surgery. I was not at the time eligible for E.I. claim. Ive filled out a covid 19 releif application provided on the internet. Im question my eligibility for the releif package….thank you.