Applications for the CERB are now open, via your online CRA My Account, Service Canada or over the phone. To access the CERB application, you can click here.
The Government of Canada has posted some FAQs on the CERB, which align with some of the most common questions HGA has been receiving. Here are some highlights, which answer many questions we had previously awaited information on:
- CERB is available from March 15 to October 3. The deadline for applications is December 2.
- Business owners in receipt of dividends are eligible for the CERB. An individual can count this income towards the $5,000 2019 income requirement to be eligible for CERB.
- This benefit is taxable. But tax will not be deducted at source. If eligible, you will receive the full $500 a week. You will be expected to report the Benefit as income when you file your 2020 income tax return.
- You will retain your eligibility to receive Employment Insurance after you stop receiving the CERB, and the period that you receive the CERB does not impact your EI entitlement. If at the end of your EI Benefit period you qualify for CERB, and CERB is still open, you can apply for CERB.
- If you are already receiving Employment Insurance regular benefits, do not reapply for the CERB. You will continue to receive EI until the end of your benefit period. You cannot be paid EI and CERB for the same period. If you applied for EI prior to March 15, your claim will be processed under EI rules. If you applied for EI (regular or sickness benefits) after March 15, your claim will be processed through the CERB.