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

CRD cost estimate study looks at regional housing, transportation affordability

Study paints clearer picture of true cost of living in Greater Victoria

Head of Vancouver Island Regional Library says new branch in North Saanich hands

Area poised to see strong population growth, says director of corporate communication

COVID-19 has depressed mental health of Canadian youth

Lower mental health harms developmental skills, school performance and social relationships

PHOTOS: Small crowd gathers to watch 231-tonne stacker-reclaimer load onto barge crane

The Dynamic Beast barge crane, known for work with Johnson Street Bridge, makes a return

Saanich Peninsula Hospital Auxiliary hosts pop-up fundraiser in Sidney

Temporary store to feature unique hand made gifts, collectibles, clothing, books and more

Crews work overnight to try to put out wildfire on Pender Island

Fire department and B.C. Wildfire Service crews extinguishing fire in ‘extremely difficult terrain’

Crews work overnight to try to put out wildfire on Pender Island

Fire department and B.C. Wildfire Service crews extinguishing fire in ‘extremely difficult terrain’

Michael Buble among 13 British Columbians to receive Order of B.C.

Ceremony will be delayed to 2021 due to COVID-19

U.S. border communities feel loss of Canadian tourists, shoppers and friends

Restrictions on non-essential travel across the Canada-U.S. border have been in place since March 2`

Rollout of COVID-19 Alert app faces criticism over accessibility

App requires users to have Apple or Android phones made in the last five years, and a relatively new operating system

Alleged impaired driver sparks small wildfire near Lytton after crash: B.C. RCMP

Good Samaritans prevented the blaze from getting out of control

B.C. First Nation adopts ‘digital twinning’ software to better manage territory

Software allows users to visualize what a mountain might look like if the trees on its slopes were logged

Most Read