The Federal government recently introduced three new COVID-19 related benefits.
Canada Recovery Sickness Benefit:
The new Canada Recovery Sickness Benefit would provide $500 per week, for up to two weeks, effective September 27, 2020, for one year, for workers who are unable to work because they are sick or must self-isolate due to COVID-19.
This benefit is essentially for employees making minimum wage/don’t receive paid sick days.
Canada Recovery Caregiver Benefit:
The Caregiver Benefits would be effective from September 27, 2020, for one year, and provide $500 per week, for up to 26 weeks per household. Parents and others with dependents would not need to choose between caring for them and working to pay the bills. Eligible parents or those with a family member with a disability or a dependent where their school, daycare, facility is closed or operates under an alternative schedule for reasons related to COVID-19; have children, a family member with a disability or a dependent that cannot attend school or daycare under the advice of a medical professional due to being at high risk; or because the caregiver who usually provides care is not available for reasons related to the COVID-19 pandemic.
Canada Recovery Benefit:
Effective September 27, 2020, for one year and would provide a benefit amount of $400 per week for up to 26 weeks to workers who are not eligible for EI, mainly the self-employed and including those working in the gig economy.
For those that have stopped working due to the COVID-19 pandemic and are available and looking for work; or are working and have had a reduction in their employment/self-employment income for reasons related to COVID-19.
For more information and examples for each benefit, visit the Government of Canada website
Again, these are proposed benefits, that if approved wouldn’t come into effect until the end of September.
Stay tuned.
