New Programs for Employees and Employers During the COVID-19 Crisis: the Canada Emergency Response Benefit and the Canada Emergency Wage Subsidy
The measures introduced to protect us all from COVID-19 have had a huge economic impact on individuals and businesses. The federal government has been rolling out – and changing – various relief measures over the past few weeks.
Today we will outline two new measures which will likely be helpful to many of the businesses and individuals impacted: the Canada Emergency Response Benefit and the Small Business 75% Wage Subsidy.
An Alternative to EI: The Canada Emergency Response Benefit
The Canada Emergency Response Benefit (CERB) was announced on March 25, 2020. It is an alternative form of loss of income benefit.