It will be an exhausting few days for Canada Revenue Agency retrieving the phone messages and processing the emails from Canadians applying for the Canada Emergency Response Benefit.
As much as $2000 per month is available to Canadians who qualify (see below). Prime Minister Trudeau has said these payments
Those applications are being accepted starting today.
There are two ways to apply: online with a CRA My Account or over the phone with an automated phone service (1-800-959-2019).
And to provide the best service possible, CRA has asked Canadians to apply on specific days, based on their month of birth:
|If you were born in the month of||Apply for CERB on||Your best day to apply|
|January, February or March||Mondays||April 6|
|April, May, or June||Tuesdays||April 7|
|July, August, or September||Wednesdays||April 8|
|October, November, or December||Thursdays||April 9|
|Any month||Fridays, Saturdays and Sundays||Not applicable|
The income of at least $5,000 may be from any or a combination of the following sources: employment; self-employment; maternity and parental benefits under the Employment Insurance program and/or similar benefits paid in Quebec under the Quebec Parental Insurance Plan.
The Benefit is only available to individuals who stopped work and are not earning employment or self-employment income as a result of reasons related to COVID-19. If you have not stopped working because of COVID-19, you are not eligible for the Benefit.
Once you apply, you can expect to get your payment in 3 business days if you have signed up for direct deposit, and approximately 10 business days if you haven’t signed up for direct deposit.
If your situation continues, you can re-apply for a payment for multiple 4-week periods, to a maximum of 16 weeks (4 periods).
After you apply:
If you are eligible for the CERB, you can expect $2,000 ($500 per week) for a 4-week period
It is a single payment for a 4-week period.
If your situation continues, you can re-apply for a payment for multiple 4-week periods, to a maximum of 16 weeks (4 periods)
Note: These benefits are taxable and you will need to report any payments received on next year’s tax filing. An information slip will be made available for the 2020 tax year in My Account under Tax Information Slips (T4 and more).
Understand the payment periods:
Each payment of the Canada Emergency Response Benefit (CERB) covers a 4-week period, beginning March 15, 2020. When you apply, it is for a single payment for the 4-week period. If your situation continues, you can apply for an additional 4-week period, up to a maximum of 16 weeks (4 periods in total).