Close X
Wednesday, December 4, 2024
ADVT 
National

Payments for CERB top $40 billion as feds open doors for commercial rent help

Darpan News Desk The Canadian Press, 25 May, 2020 08:34 PM
  • Payments for CERB top $40 billion as feds open doors for commercial rent help

A key federal benefit for Canadians out of work, or seeing large drops in their earnings, in the COVID-19 pandemic has paid out over $40 billion in emergency aid.

Federal figures posted Monday show payments from Canada Emergency Response Benefit now total $40.33 billion to 8.21 million separate applicants, pushing the program further beyond its $35-billion budget.

However, billions could be clawed back next year when the government taxes the earnings and recoups improperly paid benefits.

The details came out the same day the federal government opened applications for a commercial rent assistance program, which saw Prime Minister Justin Trudeau repeat a plea for landlords to apply for the aid.

Landlords with up to 10 eligible tenants located in Atlantic Canada, British Columbia, Alberta or Quebec could apply online Monday.

Applications for landlords in Manitoba, Saskatchewan, Ontario and the territories will open Tuesday, while landlords with more than ten tenants can apply later this week.

MORE National ARTICLES

Call For Covid-19 Protective Equipment Spurs College, Distiller, TV Show To Help

VICTORIA - The novel coronavirus shut down the respiratory therapy program at Fanshawe College but that didn't stop the school from supplying much needed frontline equipment to fight COVID-19.

Call For Covid-19 Protective Equipment Spurs College, Distiller, TV Show To Help

'Unprecedented' Measures To Fight COVID-19 Continue As Cases Surpass 1,000

The federal government unveiled historic new measures to combat the COVID-19 pandemic on Friday, promising a sweeping revamp of the national industrial landscape while closing the country's doors to some who might once have been welcome.

'Unprecedented' Measures To Fight COVID-19 Continue As Cases Surpass 1,000

Retirees, Savers Should Stick To Financial Plan Despite Market Fall, Experts Say

Retirees, Savers Should Stick To Financial Plan Despite Market Fall, Experts Say
VANCOUVER - Near the end of 2018, Sheldon Petrie moved $40,000 into a self-directed registered retirement savings plan and watched his nest egg grow to about $55,000 at its peak. As of Thursday, Petrie's account had sunk by some $12,000 as markets plummeted amid the spread of the novel coronavirus.    

Retirees, Savers Should Stick To Financial Plan Despite Market Fall, Experts Say

Alberta Announces First Covid-19 Death, Looking Into Virus At Doctors' Bonspiel

Alberta Announces First Covid-19 Death, Looking Into Virus At Doctors' Bonspiel
Dr. Deena Hinshaw, Alberta's chief medical officer of health, said Thursday the curlers were part of a Western Canadian doctors bonspiel last Thursday through Saturday in Edmonton.    

Alberta Announces First Covid-19 Death, Looking Into Virus At Doctors' Bonspiel

First Responders Adjust How They Respond To Emergencies In Face Of Pandemic

First Responders Adjust How They Respond To Emergencies In Face Of Pandemic
Vancouver's fire department is preparing to stop responding to the site of non-critical medical calls to preserve its ability to respond to major fires and other emergencies during the COVID-19 pandemic.

First Responders Adjust How They Respond To Emergencies In Face Of Pandemic

Air Canada Lays Off More Than 5,000 Flight Attendants Amid COVID-19 Pandemic

Air Canada Lays Off More Than 5,000 Flight Attendants Amid COVID-19 Pandemic
MONTREAL - Air Canada is laying off more than 5,100 flight attendants as the country's largest airline cuts routes and parks planes due to COVID-19, a union official says.    

Air Canada Lays Off More Than 5,000 Flight Attendants Amid COVID-19 Pandemic