Coronavirus Update: Ottawa extends CERB, eases EI eligibility with $37-billion income support package

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Coronavirus Update: Ottawa extends CERB, eases EI eligibility with $37-billion income support package
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Date: Pandemic accelerates drastic slowdown of China’s manufacturing industry; Canadian home prices edge up in July, but data point to a slowing market

While CERB is ending, the labour market

, leaving millions still in need of some kind of support. After CERB, unemployed workers will be able to apply for a revised EI.Reducing the number of required hours worked from the current range of 420 to 700 hours, to a new, temporary minimum of 120 hours. The government said it intends to freeze payroll premiums – how EI is normally funded – at current levels for two years.The Canada Recovery Benefit:The Canada Recovery Sickness Benefit:The Canada Recovery Caregiving Benefit:

For workers who are unable to work because they are caring for a child, dependent or family member because schools or daycares are closed because of COVID-19.The pandemic has drastically accelerated the slowdown of

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