Is Your EI about to finish?

CERB program has been made more inclusive. Previously, even if you earned a little, it did not allow to apply for the $2000 CERB benefit. It has now been updated to also include people earning $1000 a month.

As per the new updated CERB rules, even those whose EI benefits ended since the beginning of fiscal year 2020 may qualify for CERB.

WHAT IF YOU ARE ALREADY RECEIVING EI?

What if your EI did not end, but, is still in effect and paying you a benefit, and it is about to end soon? The question that people have been asking is-in such a scenario, they will still be without a fair opportunity to go out and look for work. So, what will hapen to them in such a scenario.

Canadians, who are already receiving EI and regular and sickness benefits, they would continue to receive their benefits in normal course and should not re-apply via CERB portal.

If their benefits end before October 03, 2020, they could then apply for CERB, once their EI benefits cease, and they are unable to return to work due to COVID-19.

The government has established a dedicated line for CERB applications:1-800-959-2019

Applications are accepted at :

CERB and Other CRA Program Application Link

CERB and Other CRA Program Application Link

The Eligibility Criteria:

CRA Website Link

CERB program provides a taxable benefit of C$2,000 per month for up to 4 months to those who:

1. Residing in Canada, who are at least 15 years old;
2. Who have stopped working because of reasons related to COVID-19 or
3. Are eligible for Employment Insurance regular or sickness benefits or
4. Have exhausted their EI regular benefits between December 29, 2019 and October 3, 2020;
5. Who had employment and/or self-employment income of at least $5,000 in 2019 or in the 12 months prior to the date of their application; and,
6. Who have not quit their job voluntarily.
7. When submitting your first claim, you cannot have earned more than C$1,000 in employment and/or self-employment income for 14 or more consecutive days within the four-week benefit period of your claim.
8. When submitting subsequent claims, you cannot have earned more than $1,000 in employment and/or self-employment income for the entire four-week benefit period of your new claim

Waiting Period

There is no waiting period Benefits will start within 3 to 5 days of you submitting an application.

Day to apply for the Canada Emergency Response Benefit

Please note: The blogs on our website are for informational and educational purpose only, for the latest update, or any other information, please contact your financial institution and / or CRA website or relevant government office. There might be changes to rules, regulations or notification after the day this blog was published.

In case you have any further questions regarding the information given above, please contact us at admin@magnetacc.com or call us at

647-996-5052