CERB will be changed in September

On Aug. 20, Deputy Prime Minister Chrystia Freeland and Minister Carla Qualtrough make an announcement on the transition from the Canada Emergency Response Benefit. / Global Korean Post

 

How the CERB will be changed in coming September?

 

Aug. 22, 2020

Global Korean Post

 

As of early August, 8.5 million individuals have benefitted from the CERB, and more than 4 million individuals have transitioned off the CERB and returned to work.

CERB will be changed to revamped EI and other new plans starting September 27.

 

Many Canadians expecting to exhaust their CERB benefits at the end of August, they will now be able to access an additional month of support.

Government of Canada announced a plan to help support Canadians through the next phase of the recovery in terms of CERB.

 

On Aug. 20, Deputy Prime Minister and Minister of Finance, Chrystia Freeland, and the Minister of Employment, Workforce Development and Disability Inclusion, Carla Qualtrough announced changes to the Employment Insurance (EI) program and new income support benefits that will better support all Canadians.

 

They also announced that in preparation for this transition and to ensure support continues for Canadians whose employment has been impacted by the pandemic, the Canada Emergency Response Benefit (CERB) will be extended by an additional four weeks to a maximum of 28 weeks.

 

When Canadians needed support the most, the government introduced the CERB, which helped more than 8.5 million people pay their bills during this challenging time.

 

The changed EI will now be available to more Canadians, including those who would not have qualified for EI in the past, adding more than 400,000 people into the program.  Those receiving EI will be eligible for a taxable benefit rate of at least $400 per week, or $240 per week for extended parental benefits, and regular benefits will be accessible for a minimum duration of 26 weeks.

 

The government will also freeze the EI insurance premium rates for two years, so Canadian workers and businesses will not face immediate increases to costs and payroll deductions due to the additional expenses resulting from the pandemic.

 

The government is proposing implement three new benefits for those who are receiving the support they need during these challenging times.

 

By Global Korean Post with files

 

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