Here are some additional details on the Canada Emergency Response Benefit (CERB).
If you have lost income because of COVID-19, the CERB will provide you with temporary income support. The CERB will provide you with $500 a week for up to 16 weeks.
To be eligible to receive the CERB from Service Canada, the following must apply:
You can apply beginning April 6 through the CRA My Account portal:
As such, it has advised that you register this account and direct deposit in advance of the application process opening. Benefits will start within 10 days of you submitting your application. You will need to apply and confirm eligibility every 4 weeks thereafter.
We are not accountants so if you have any questions, you should contact your accountant to discuss in further detail.