Prime Minister Justin Trudeau says the federal government is looking at extending the Canada Emergency Response Benefit, and is promising an update by the end of the week.
By the first week of July and through the summer, millions of Canadians will come to the end of their 16-week eligibility period to claim CERB, which has prompted questions about what will happen to those who have been on the program since it first launched and have already accessed the full $8,000 available, but are still out of a job and without income due to COVID-19.
, meaning they have either gone back to work or have been moved onto the wage subsidy program through their employer. From Rideau Cottage, Trudeau also provided an update on the emergency loan program available to businesses, and on the status of the promised program to address the food surplus farmers are experiencing due to the pandemic.The Canada Emergency Business Account, or CEBA, was first announced in March and opened up for applications in April, as a way for businesses to access government-guaranteed loans to cover the costs of keeping their enterprise afloat during the COVID-19 crisis.
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