Ottawa on Monday launched new emergency financial assistance that will take over from the Canada Emergency Benefit (CEP) which remained in effect for a total of 7 months and ended on September 27.
The new support comes in the form of three benefits: the Canada Economic Stimulus Benefit (PCRE), the Canada Sickness Benefit for Economic Stimulus (PCMRE) and the Canada Economic Stimulus Benefit for Caregivers (PCREPA).
The process for PCMRE and PCREPA applications began on October 5th.
Starting Monday, it is PCRE’s turn to open up to inquiries from Canadians whose job prospects are still affected by COVID-19.
PCRE will grant $ 500 per week for up to 26 weeks to workers who have stopped working or have seen their employment or self-employment income reduced by at least 50% due to COVID-19 and who do not are not eligible for Employment Insurance.
The application process is similar to that of the ECP, either by phone or through the Canada Revenue Agency’s My Account portal.