The Canada Revenue Agency building is seen in Ottawa, Monday April 6, 2020. Canada Revenue Agency began accepting applications for the Canada Emergency Response Benefit earlier Monday. THE CANADIAN PRESS/Adrian Wyld

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

The program has exceeded its $35 billion budget

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.

READ MORE: Dr. Henry ‘encouraged’ as B.C. records two days of single-digit COVID-19 case increases

READ MORE: Commercial rent relief applications open as feds encourage landlords to apply

The Canadian Press


Like us on Facebook and follow us on Twitter.

Want to support local journalism during the pandemic? Make a donation here.

CanadaCoronaviruseconomy

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Port Hardy’s top cop says goodbye, last day will be Oct. 30

‘I want to pause, reflect, and give thanks for my experiences and time given here’

Cops for Cancer: COVID-19 can’t stop Tour de Rock

‘having the chance to come back and ride this year means everything to me’

Port McNeill mayor elected as Director at Large with UBCM

Gaby Wickstrom ran for one of five spots against 13 other candidates

Heiltsuk First Nation calling on DFO to close fish farms, citing wild salmon extinction risk

Wild salmon returns have broken low records, have many concerned about future of wild fish

Everyone should be aware of the Labour Day movement

My hat is off to Tyson Whitney for his article on Labour Day.

B.C. reports 91 new cases as officials remain worried over ‘clusters of COVID-19

There have now been a total of 8,395 cases in B.C. since the pandemic began

B.C. Green leader says NDP abandoning environmental plan

Horgan’s claim of unstable government false, Furstenau says

Transgender B.C. brothers debut fantasy novel as author duo Vincent Hunter

‘Transgender people are being misrepresented in popular fiction and media, and we aim to change that’

‘Won’t be gathering for Thanksgiving:’ Trudeau says COVID-19 2nd wave underway

In all, COVID-19 has killed about 9,250 people in Canada

Canada’s active COVID-19 cases top 10,000 as daily new cases triple over the past month

Dr. Tam repeated her warning to young people, who have made up the majority of recent cases

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

First 8 months of fatal overdoses in B.C. have now exceeded 2019 death toll

Nine people died every two days in August, BC Coroners Service data shows

Liberal effort to reset policy agenda panned by rivals as too much talk, not action

Trudeau said it’s ‘all too likely’ families won’t be able to gather for Thanksgiving next month

‘Show us the money’ for cannabis, local governments tell B.C.

Municipal tax, transit revenues falling as costs rise

Most Read