In response to COVID-19, the federal government launched three new Canadian benefit programs, including a paid sick leave, for workers. Below is a quick review of the programs, what they cover and how to apply.
Further to an earlier post regarding Alberta and Quebec, here is the latest in a series of posts regarding government guidance setting out what businesses need to do to keep employees and customers safe. This post includes information on the regulatory guidance from British Columbia.
The orders listed below have been extended until May 6, 2020:
Note: The following information is based on the guidance provided by the federal government. For further details see the government’s Income Tax Filing and Payment Dates
When do I have to FILE my taxes?
Individuals – June 1, 2020
Self-Employed and Spouse – June 15, 2020 (no change)
Corporations – June 1, 2020
How much is the Canada Emergency Response Benefit (CERB)?
$2,000 every four weeks. (Note: This is a taxable benefit. That means that you will have to report the CERB as income when you file your taxes for the 2020 tax year.)