Many people continue to feel the impacts of COVID-19 and require temporary income support.
Tax Updates & News
Many people are still being impacted by COVID-19 and require temporary income support.
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.
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.
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.
Today, the Honourable Diane Lebouthillier, Minister of National Revenue, announced the appointment of the new Taxpayers’ Ombudsperson, Mr. François Boileau, effective October 5, 2020.
The protection of the personal information of Canadians is a priority for the Canada Revenue Agency (CRA).
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.
The Canada Emergency Wage Subsidy (CEWS) was created to assist businesses affected by the COVID19 pandemic in keeping workers on their payroll or bringing back previously laid-off employees
The Canada Emergency Wage Subsidy (CEWS) helps employers who have been impacted by the COVID-19 pandemic to keep workers on their payroll or bring back previously laid-off employees.