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How Canada’s federal budget affects benefits, taxes, and the minimum wage

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COVID-19 benefit extensions through new taxes to a bump in Old Age Security payments and a new pay floor for some minimum-wage workers, Canada’s 2021 federal budget outlines a slew of measures that will impact Canadians’ bottom lines.The Trudeau government’s first budget since 2019 runs at whopping 724 pages and contains a number of proposals meant to both support Canadians in the ongoing COVID-19 and set the stage of what will come after.Here are some of the highlights from the measures aimed directly at individuals:The budget proposes to extend the maximum eligibility period for receiving the Canada Recovery Benefit (CRB) by 12 weeks, for a total of 50 weeks, up from the current cap of 38 weeks.While the program is set to run until Sept..

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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