Attention Canadians! The CRA Increased $13,000 CRB to $19,000

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Corporate Income Tax Ottawa ON

The year 2020 and 2021 are the most unpredictable, as the COVID-19 pandemic had a different plan for everyone. The Canadian government is adjusting the benefits to help Canadians deal with the pandemic. Last year, the Canada Revenue Agency (CRA) extended the Canada Emergency Response Benefit (CERB) twice. Now, the CRA has increased the maximum eligibility limit on the Canada Recovery Benefit (CRB) from 26 weeks to 38 weeks, which is almost nine months of cash benefits.

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Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

Article Written By:  Puja Tayal 

Original Article Posted on:  March 5, 2021

Link to Original Article:  https://www.fool.ca/2021/03/05/attention-canadians-the-cra-increased-13000-crb-to-19000/

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