Tax Updates & News

Legislation to support new recovery benefits and extend funding for COVID-19 measures receives Royal Assent

Friday, 02/10/2020 5:05 pm

Throughout the pandemic, the Government of Canada has always put the health and well-being of Canadians first. Beginning last spring, the Canada Emergency Response Benefit (CERB) has helped almost 9 million Canadians and their families make ends meet and stay safe. While many Canadians have been able to go back to work safely, there continue to be many who are unable to find work or are underemployed due to the ongoing public health crisis.

Backgrounder:  The COVID-19 Response Measures Act

Friday, 02/10/2020 5:05 pm

On September 28, 2020, the Minister of Employment, Workforce Development and Disability Inclusion, Carla Qualtrough, introduced legislation to introduce three temporary recovery benefits to support Canadian workers who are unable to work due to COVID-19. Bill C-4, the COVID-19 Response Measures Act (the Act), received Royal Assent on October 2, 2020. The legislation allows the Government of Canada to support Canadian workers through the next phase of the recovery, and to avoid a gap in coverage after they have received their last Canada Emergency Response Benefit (CERB) payments.

Technical briefing on legislation to support new recovery benefits for Canadians unable to work due to COVID-19 

Friday, 02/10/2020 11:11 am

Senior officials from Employment and Social Development Canada, the Canada Revenue Agency and the Department of Finance will hold a technical briefing on three new temporary recovery benefits to support Canadians who are unable to work for reasons related to COVID-19. The officials will also discuss how Canadians can prepare to apply for these new benefits.

Canada Revenue Agency increases flat rate amount for meal claims, and reasonable amount for meal benefits and allowances

Thursday, 03/09/2020 9:09 am

Today, the Honourable Marc Garneau, Minister of Transport, on behalf of the Honourable Diane Lebouthillier, Minister of National Revenue, announced that the Canada Revenue Agency (CRA) has increased the amount that employers can use to determine whether an overtime meal or allowance, or the meal portion of a travel allowance is taxable, from $17 to $23.