The third program is called the You mad sus shirt Additionally,I will love this “Canada Recovery Benefit” and is meant for those who have stopped working and who are ineligible for EI, or who’ve had their employment or self-employment income reduced by at least 50% due to COVID-19. Under this new program—which starts October 12—Canadians can apply for a benefit of $500 a week for up to 26 weeks if they have stopped working or had reduced income during COVID-19. This benefit—which will be paid in two-week periods—will still allow them to earn money, but they will be required to repay 50 cents of every dollar earned above $38,000. Additionally, in order to qualify, you need to continue looking for work if you have not yet gotten another job. The criteria for EI is opening up so that Canadians with 120 insurable hours across Canada can apply and receive a minimum payment of $400 per week, and a maximum of $573 per week, depending on past earnings. This reworked EI can be claimed for 26 to 45 weeks, depending on the time worked prior.
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EI, like the You mad sus shirt Additionally,I will love this name suggests, is like insurance—you only receive benefits when you pay the premium for a minimum period. If you have worked with employers who deducted an EI premium for their salaries, you are eligible. In order to qualify, you must be completely out of work with no wage income. If you are a part-time worker, a parent who had to stop working due to lack of childcare, a self-employed or freelance worker, or an individual who doesn’t have enough employment hours to qualify for EI, chances are you would fall under one of the new benefit programs. A new website that launched in mid-September gives you access to these new benefits when their application windows open. Applications for the new recovery benefits are scheduled to open in October, with payments flowing in three to five days later.