Canada Emergency Response Benefit (CERB)

Many workers, including those who are self-employed or contractors, are not eligible for EI.   On April 6, these workers can apply for the Canada Emergency Response Benefit (CERB) via their CRA online account or Service Canada.  Prior to April 6, individuals who are without work and eligible for EI should continue to apply for EI. …

Canada Emergency Business Account (Interest-Free Loans)

Available in early-April, the Canada Emergency Business Account will provide qualifying businesses with access to a $40,000 loan that:  is non-interest bearing until Dec 31, 2022;  requires no minimum monthly principal payments until December 31, 2022;  allows for principal repayments to be made at any time;  provides for $10,000 loan forgiveness provided the outstanding balance is fully paid on or before December 31,…