CERB Extension Details, How long? When Does it End?

A sign saying emergency to denote CERB extension details

The CERB (Canada Emergency Response Benefit) extension has been announced by the Canadian Government after much speculation. Many were wondering when and if this would happen due to the fact that a number Canadians who are on CERB would see their benefits end as early as the first week of July. And many people still don’t have jobs to go back to and the economic situation overall still feels pretty shaky. Here are the CERB extension details that were announced below:

CERB Extension Details

The CERB program has been extended an extra 8 weeks. So the maximum number of weeks a person can collect is now 24 weeks from 16 weeks. The amount remains the same, which means you would still collect $2000.00 for each 4 week period.

The criteria for collecting the additional 8 weeks are listed below from the government’s website:

CERB extended from 16 weeks to 24 weeks for workers who:

  • stopped working due to COVID-19 or
  • are eligible for Employment Insurance regular or sickness benefits or
  • have exhausted their Employment Insurance regular benefits or Employment Insurance fishing benefits between December 29, 2019 and October 3, 2020.

Only apply for the CERB through either Service Canada or the Canada Revenue Agency (CRA) – not both.

CERB Extension Details – End Date of Program

Even though the number of weeks has been been extended, the program still ends on October 3, 2020. This means you would have to collect all 24 weeks before this date to get the maximum CERB benefit amount.

Conclusion

The announcement of the CERB extension is a relief for many Canadians as even though parts of the country are starting to open up, many Canadians are still in a perilous financial situation. Regarding what will happen afterwards, no one knows as the situation is fluid and still unpredictable. The reality is that a lot depends upon how Covid-19 spreads in the next while or if there is a second wave of the pandemic. Also, a lot depends upon how quickly the economy can recover. One thing is for sure: we are living in truly unique times.

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When Will CERB End? Canada Emergency Response Benefit program details

Sign saying the end to emphasis question of when will cerb end

When will CERB end? For the over 8 million Canadians who applied for the program, this is a question of upmost importance. The Canadian economy has been hit hard by the pandemic and millions of Canadians were left without work. However in recent weeks, different areas of the country are starting to open up. And people are starting to return to work. In spite of that though, there are millions who still cannot go back to work, because they don’t have a job to go back to, and they are wondering how long their benefits will last.

When Will CERB End? The Program Structure

According to the Government of Canada’s website, the Canada Emergency Response Benefit (CERB) Program goes from March 15, 2020 to October 3, 2020. This DOES NOT mean you can collect CERB benefits for this whole time period. Instead, it means you can collect CERB benefits within this time period.

You are eligible to collect $500.00 per week for a maximum of 16 weeks within the above time period. For example if you start collecting CERB on March 15, 2020 and you went 16 consecutive weeks then your payments would end July 4, 2020. Also, these 16 weeks do not have to be consecutive as long as they all fall into the above time period for the program.

When Will CERB End? Do I Only Need to Apply Once?

The answer is yes you only need to apply once, but you have to declare your eligibility to receive payments more than once. From the Government of Canada’s website, when you are applying for CERB, you are declaring eligibility for a four week period. For example, if you applied for CERB to start on March 15, 2020, you would collect CERB payments for a 4 week period from March 15, 2020 to April 11, 2020.

If you want to keep collecting CERB beyond this date than you would have to declare your eligibility for the next 4 week period. For example, if you applied for the CERB program through CRA than you can do this either online or by phone (1-833-966-2099). If you applied for the CERB program through Service Canada, you do this by completing your EI Report Card to confirm your eligibility to receive CERB for next period.

Will There Be an Extension of the CERB program?

Ah the billion dollar question, literally. There is increased talk about extending the CERB program as many Canadians will see their CERB payments end in early July, and many within this group will still not have work. Regarding the possible costs of extending the CERB program, the recent PMO report was highlighted below:

Budget officer Yves Giroux’s report says simply extending the maximum number of weeks to 28, and extending the program through to January 2021, would cost about $57.9 billion.

You add that figure to the $43.51 billion dollars already paid out in CERB and you are looking at a figure of at least $100 billion dollars that would need to be spent. That is an enormous financial commitment from the government which would then open up a myriad of questions such as who pays for this and so on. As a result, the debate goes on.

Conclusion

When will CERB end? The current answer depends upon your circumstances. However, simply put, it ends either by you collecting the maximum 16 weeks or when you return to work. Whichever comes first. Also, the program currently ends October 3, 2020 so even if you haven’t collected your full 16 weeks by this dates, your CERB ends also.

However, as we can see from the above, this could all change and the program could be extended. But for the time being, this is the program’s parameters currently. And that is important to know, as all of us have to make big decisions regarding our life during this pandemic and subsequent economic crisis. Plan well and stay safe.

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Canada Emergency Student Benefit, What is it?

A picture of a student at university to denote that students will need the Canada Emergency Student Benefit program.

Wondering what the Canada Emergency Student Benefit is? It is an important question to answer if you are a student. As a student, you’re likely wondering how you can earn money this summer during this pandemic. On April 22, 2020, the government outlined a program to help these students in this situation.

What is the Canada Emergency Student Benefit Program?

It is a relief program proposed by the government of Canada to help post-secondary students who aren’t able to find full-time employment or cannot work due to COVID-19. Also, if they are not eligible to receive either Employment Insurance benefits (EI) or the Canada Emergency Response benefits (CERB). Many post-secondary students are not eligible for either of these programs as they have not worked enough to qualify.

How Much Do You Get and For How Long?

Students who qualify would receive $1250 per month for up to 4 months (May 2020 to August 2020). If the student has a disability or has dependents, they can receive an additional $750 per month.

Canada Emergency Student Benefit Program, Who is Eligible?

Here are the details from the Government of Canada’s website below:

  • Students who are enrolled in a post-secondary education program leading to a degree, diploma, or certificate.
  • Students who ended their studies or graduated no earlier than December 2019.
  • High-school graduates who have applied for and will be joining post-secondary programs in the coming months.
  • Canadian students studying abroad meeting one of the above criteria.

When Can I Apply? Update!

You can apply for the program starting on May 15, 2020 at 6 am Eastern time. For more details on how to apply and inputting an online application please go to the Government of Canada’s website.

When Will I Get Paid?

The most important question of course! The Government of Canada’s website says that if CRA has your direct deposit information, your payment will take 3 business days. If not, then a cheque will take about 10 business days.

Conclusion

The Canada Emergency Student Benefits Program is a way to help the many students who cannot find employment. It helps close the gap of students who don’t qualify for Employment Insurance or the Canada Emergency Response Benefits Program. Hopefully the program will be up and running shortly. When we get more details, we will update this page with further information.