The Department of Finance has announced the extension of major COVID-19 financial support programs to support economic recovery. The extensions are as follows:
• Canada Emergency Wage Subsidy (CEWS), Canada Emergency Rent Subsidy (CERS) and the Lockdown Support: extended until October 23, 2021 and increasing the rate of support for employers for the period between August 29 and September 25, 2021.
• Canada Recovery Benefit (CRB), Canada Recovery Caregiving Benefit (CRC) and the Canada Recovery Sickness Benefit (CRSB): extended until October 23, 2021.
• Maximum number of weeks available for the CRB: increased to an additional 4 weeks at a rate of $300 per week.