Bill C-4 enacts three new temporary benefits for individuals that may not qualify for EI
Bill C-4 implements the federal government's latest temporary COVID-19 recovery benefits and received Royal Assent on October 2, 2020. The Canada Recovery Benefit (CRB), Canada Recovery Sickness Benefit (CRSB) and Canada Recovery Caregiving Benefit (CRCB) are intended to support eligible individuals who may not qualify for Employment Insurance or who are unable to fully return to work due to reasons related to COVID-19.
The application process for the CRSB and the CRCB opened on October 5, 2020, while the CRA says applications for the CRB will be accepted as of October 12, 2020. Eligible individuals can apply for these benefits online through the CRA's My Account portal or by phone.
The application process includes:
For more information, contact your KPMG advisor.
Information is current to October 6, 2020. The information contained in this publication is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's National Tax Centre at 416.777.8500
© 2020 KPMG LLP, an Ontario limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.