Last Updated: May 14, 2020
Canada Emergency Student Benefit (CESB)
The CESB will provide financial support to post-secondary students, and recent post-secondary and high school graduates who are unable to find work due to COVID-19, and who are not eligible for the Canada Emergency Response Benefit or Employment Insurance, or are unable to find work due to COVID-19.
This benefit will provide $1,250 per month for eligible students or $2,000 per month for eligible students with dependents or disabilities.
Students who are eligible for the CESB can apply through the Canada Revenue Agency (CRA). Applications for the CESB open Friday, May 15th at 6 am ET, but if you haven’t ever filed a Canadian tax return, you have to register with the CRA ahead of applying. This benefit will be available from May to August 2020.
More information can be found here.
Deferral repayment of Canada Student Loans
Six-month interest-free moratorium placed on repayment of Canada Student Loans for all student loan borrowers.
Who can apply: All student loan borrowers.
Available: Effective Mar. 30 until Sept. 30, 2020.
Canada Summer Jobs program
The Canada Summer Jobs program will now provide private and public sector employers with up to 100 per cent of the provincial or territorial minimum hourly wage for each employee. Employers are also now allowed to hire staff on a part-time basis.
Who can apply: Applications closed in February. They were open to students between the ages of 15 and 30 years old. Those who completed the process can check this site for job postings.
Available: Job placements could begin as early as May 11, 2020. The period a person can be employed under the program has been extended to February 28, 2021.
Canada Emergency Response Benefit
This is a taxable benefit of $2,000 a month for up to four months.
Seasonal workers and those who have recently run out of employment insurance (EI), along with people who make less than $1,000 a month due to reduced work hours, also qualify.
People who are normally eligible for employment insurance (EI) can continue to apply through EI and Service Canada, and they will automatically be enrolled in CERB.
Who can apply:
Those eligible include those workers forced to stop working because of the outbreak, those sickened by COVID-19 and those who are not being paid but still have employment.
March 15 to Oct. 3. The deadline for applications is Dec. 2.