While many of us are happy to say goodbye to 2020, financial stress, unemployment and looming bills over the holidays may have followed us into the new year.
For Canadians who still find themselves out of work due to the COVID-19 pandemic, financial expert Preet Banerjee says there are still some government benefits available, including the temporary enhanced Employment Insurance (EI) benefit. “That’s going to be one of the big supports available to Canadians,” he said. “You’re gonna get a minimum of 500 bucks per week if you qualify and it could last between 26 to 45 weeks.” Canadians will make and lose money amid the coronavirus outbreak: expert If you don’t qualify for EI, another option is the Canada Response Benefit, which provides.