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2180 Steeles Avenue West,
Suite 204, Concord,
ON, L4K 2Z5

Phone:     905-761-7001
Toll Free: 1855-761-7001
Fax:          905-761-7005

Email: mortgageadvisor@rogers.com




25 March 2020

Trudeau launches emergency program for Canadians who lost their jobs because of COVID-19

According to Prime Minister Justin Trudeau, the federal government launches a new program called the Canada Emergency Response Benefit. It will support Canadians who lost their jobs because of COVID-19 by providing them with $2,000 per month. The financial help will last four months.

Trudeau admitted the difficulties Canadians are facing with paying off bills without a steady income. In his opinion, too many Canadians are dealing with the strong uncertainty concerning their material situation and the future.

While almost 1 million people applied for employment insurance last week, Trudeau says the new program is being set up.

“An application portal will be launched as soon as possible. Canadians will start getting money not later than after 10 days from the applying date”, - he added.

The program will replace the Emergency Care Benefit and the Emergency Support Benefit, which were announced earlier. The decision to combine them into one new program was made in order to force the process.

 

 

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News

31 March 2020

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