Overview of the Canada Recovery Benefits
October 6, 2020
October 6, 2020
On Friday, October 2, 2020, Bill C-4, An Act relating to certain measures in response to COVID-19, received royal assent.
The new legislation includes three income support programs: the Canada Recovery Benefit, the Canada Recovery Sickness Benefit and the Canada Recovery Caregiving Benefit (the “Recovery Benefits”).
The new Recovery Benefits are intended to replace the Canada Emergency Response Benefit (the “CERB”) which ended on September 26, 2020. Canadians who are eligible for Employment Insurance (EI) regular benefits will be able to transition to EI or apply for one of the three Recovery Benefits.
The legislation went through several revisions between the time it was introduced on August 20, 2020 (summarized in our August 24, 2020 bulletin) and the time it received royal assent. This bulletin highlights the changes made to the Recovery Benefits since our previous bulletin.
To read the October 6, 2020 Bulletin please see the link below:
COVID-19 Bulletin October 6, 2020
For questions on any information contained in today’s bulletin, please feel free to reach out to a member of our firm.
All our previous COVID-19 information bulletins can be found on Roper Greyell’s COVID-19 resource page.