Can You Survive on ONLY the $2,000/Month Emergency CRA Payments?

Can You Survive on ONLY the $2,000/Month Emergency CRA Payments?

Financial dislocation is the universal worry in the 2020 coronavirus outbreak. As businesses grind to a halt, companies are preserving balance sheets while workers are losing jobs. Without regular sources of income, people need temporary relief.

The Canada Emergency Relief Benefit (CERB) is Canada’s emergency measure . It provides $2,000 per month to the employed and self-employed as well as the underemployed. However, can one survive on just this amount being doled out through the Canada Revenue Agency (CRA)? Taxable benefit

CERB serves as an income replacement benefit while lockdowns are in effect. The federal government is softening the […]

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