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Sign up with the Best Canadian High Interest Savings Account (EQ Bank): https://api.fintelconnect.com/t/l/5f4... CERB Eligibility Requirement - Who is Qualified to Apply : • Do you qualify for CERB and CRB? | Eligibi... Updates on Canada’s CERB and the proposed changes to come to the CERB and other Canadian benefits to aid during the pandemic. Some Big changes to the CERB. Update as of August 21. The Liberals unveiled a $37-billion plan for those still affected by COVID-19. The new measures include broad changes to Employment Insurance and the creation of three new benefit programs. The CERB will be extended another four weeks, and a new benefit that pays $400 a week for up to 26 weeks will replace it for those ineligible for EI. Anyone eligible for EI will get the same minimum for at least 26 weeks and will need to have worked 120 hours to qualify, well below current EI requirements, since many Canadians have been unable to work due to the pandemic. CERB Extension for another 4 week period. EI - The government announced sweeping changes to make EI more generous and lower eligibility requirements. Specifically, Canadians who qualify for EI will now need just 120 hours of eligible employment (approximately 3.5 weeks of full-time work) to access unemployment and work-sharing benefits. The same threshold applies to maternity, parental, sickness, as well as compassionate care of family caregiver benefits. As of Sept. 27, the government is also upping the EI benefits rate to a minimum of $400 a week. Normally, claimants stand to receive 55 per cent of their average weekly earnings, up to a ceiling of $573, but there is no floor on how little they can get. With a few exceptions, Canadians who received CERB through Service Canada will be seamlessly transitioned to EI, without need to reapply. Those who qualify for traditional unemployment benefits but have been receiving CERB through the Canada Revenue Agency will have to file a new EI application. New Canada Recovery Benefits: For workers who don’t qualify for EI, the federal government is creating three new temporary benefits: the Canada Recovery Benefit for the self-employed and others who don’t meet the bar for EI; the Canada Recovery Sickness Benefit, for those who are sick with COVID-19 or must self-isolate because of the virus; and the Canada Recovery Caregiving Benefit, for those who can’t work because they are caring for a child or dependent because of school and other facilities’ closures linked to the pandemic. All three benefits will be administered by the CRA, with applications opening in October and claimants able to simply attest that they qualify for the programs, as with CERB. Also like the current emergency benefits, the new payments will be taxable. The Canada Recovery Benefit will provide $400 a week, the same as the minimum weekly benefit under the modified EI, for up to 26 weeks. Recipients will have an obligation to be available for work and look for employment while on the benefit. The Canada Recovery Sickness Benefit will provide $500 per week for up to two weeks for workers who do not have access to other types of paid sick leave. As with CERB, applicants will be able to submit an attestation that they qualify for the benefit. The Canada Recovery Caregiving Benefit will provide $550 per week per household for up to 26 weeks and is also attestation-based. Families who choose not to send their children to reopened daycares and schools are open will not be eligible for the benefit All about the CERB Video: • Canada Emergency Response Benefit Explaine... CRA CERB Website: https://www.canada.ca/en/services/ben... This video is meant for entertainment purposes only