«« BACK

Attention! The CRA Is Extending the $2,000/Month CRB to 38 Weeks

By  External Author |   | Posted in " Business Succession "

accounting services Surrey langley white Rock BC

If you have been claiming the Canada Revenue Agency’s (CRA) Canada Recovery Benefit (CRB) regularly since September 27, 2020, this week would have been the last week of your benefit. This is because every Canadian could get the CRB for a maximum of 26 weeks. But the second wave of the COVID-19 pandemic has changed everything. The unemployment rate spiked from 8.6% in December to 9.4% in January. Air Canada (TSX:AC), the biggest airline employer in the country, cut 1,800 jobs as travel restrictions continue to hurt the company.

Read More

Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

Article Written By:  Puja Tayal 

Original Article Posted on:  March 23, 2021

Link to Original Article:  https://www.fool.ca/2021/03/23/attention-the-cra-is-extending-the-2000-month-crb-to-38-weeks/