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Canada to pay CAN$2,000 monthly to those out of work

Christian Fernsby ▼ | March 25, 2020
Canadians who are out of work because of the coronavirus pandemic will be eligible for up to CAN$2,000 ($1,399) a month for four months, Prime Minister Justin Trudeau announced Wednesday.
Justin Trudeau
Prime Minister   Justin Trudeau
The Canadian Emergency Response Benefit will also be available to those who are off sick or remain home to look after children, since schools in Canada are closed. Canadians should be able to apply for the financial aid in early April and receive money in 10 days.

Topics: Canada

As Trudeau was making the announcement, the Canadian Senate was reviewing a CAN$82 billion ($57 billion) stimulus package. It was passed during an emergency session of parliament early Wednesday and Senate approval was expected later in the day.

About one in three Canadians worry whether they will be able to pay rent or make mortgage payment. As well, about two-thirds of the country’s roughly 19-million workforce have already lost work or will soon, according to an Angus Reid poll.

The measures are being taken as Canada reported 2,851 COVID-19 cases and 29 deaths Wednesday, while 185 have recovered. Canada is performing 10,000 tests daily, Trudeau said.

“(It is) the greatest health care crisis in our history,” he said. He is in his 14th day of isolation after his wife tested positive for the virus.