Chrystia Freeland: Last News

The CRB has ended. Here’s how it may impact Canadians’ taxes

Canada Recovery Benefit, which replaced the Canada Emergency Response Benefit (CERB) for self-employed Canadians, has ended. But for the hundreds of thousands of people who received the benefit in 2021, the tax consequences of the federal income support programs will spill into 2022.Finance Minister Chrystia Freeland announced Oct.

21 that Ottawa would wind down the CRB, along with Canada Emergency Wage Subsidy (CEWS) and the Canada Emergency Rent Subsidy (CERS), as of Oct. 23.

covid-19 2020 Government

Chrystia Freeland

globalnews.caglobalnews.ca

Chrystia Freeland: Main News

Canada Recovery Benefit, which replaced the Canada Emergency Response Benefit (CERB) for self-employed Canadians, has ended. But for the hundreds of thousands of people who received the benefit in 2021, the tax consequences of the federal income support programs will spill into 2022.Finance Minister Chrystia Freeland announced Oct.
Deputy Prime Minister Chrystia Freeland announced on Thursday that the federal government is rolling out new business related COVID-19 benefits while also extending some personal supports. She says broad financial supports that are set to expire on Oct.

Related News