This new benefit would apply to students who are ineligible for Canada's existing CERB
Finance proposed a new benefit for Canadian students and new graduates on April 22, 2020. The Canada Emergency Student Benefit (CESB) would provide a benefit of $1,250 a month for up to four months between May and August 2020. Eligible students who have dependents and those with permanent disabilities would receive $500 in additional benefits for a total of $1,750 per month.
Many students who are currently enrolled in a post-secondary program are unable to qualify for the existing Canada Emergency Response Benefit (CERB); the CESB is a targeted new benefit that would apply to students who are ineligible for the CERB or EI and who are unable to work due to COVID-19.
According to Finance, this benefit will be delivered by the CRA. No legislation has been introduced to implement the CESB yet, and Finance says more details are to come.
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