#FinancialFridays: The Canada Recovery Benefit (CRB) will expire October 23rd and will be replaced by the Canada Worker Lockdown Benefit.

The Canada Recovery Benefit (CRB) will expire on October 23rd and will be replaced by a new targeted benefit known as the Canada Worker Lockdown Benefit that will run until May 7, 2022 (retroactive to October 24, 2021).
The “Lockdown Benefit” will be for those whose work is directly impacted by government-imposed lockdowns and will provide $300 a week to eligible workers.

The Canada Recovery Sickness Benefit, and the Canada Recovery Caregiving Benefit will remain in place until the same time and are being extended by two weeks – moving the sickness benefit from four to six weeks and the caregiving benefit from 42 to 44 weeks.

Media Article: https://www.ctvnews.ca/health/coronavirus/as-some-pandemic-benefits-expire-feds-to-spend-7-4b-on-new-programs-1.5632384

To find out more about the Canada Worker Lockdown Benefit, visit: https://www.canada.ca/en/department-finance/news/2021/10/the-canada-worker-lockdown-benefit.html

Are you facing financial challenges? If you need help getting your finances back on track, reach out to Caroline, our Financial Literacy Program Coordinator at advice@unitedwaybg.com or 519-376-1560. She can help you look at your financial situation and decide on a positive path forward.