The Pandemic is still around! We’re not done yet.
Even though the number of new cases is on the decline every single day, millions of Canadians are still Jobless and finding it hard to make money.
Canadian Current Unemployment Scenario:
As you can see from the above chart, even though the jobless numbers are still pretty high, it’s getting better by the day. Now, that’s something positive to thank for. Hopefully, we’ll all be out of this COVID thing soon.
Next up, lets quickly look at the COVID-19 Canada status and the latest numbers:
Now, that’s what I meant by saying we’re not over this COVID thing yet. We’re still seeing around 400+ new cases every day In Canada.
CERB Just Got Extended
First of all, All thanks to The Canadian Government and Justin Trudeau, you guys are truly awesome. They are doing everything right to make sure every Canadian household is safe and healthy.
Related: Canada’s coronavirus deficit soaring to $343B as feds warn of ‘permanent change’ to economy
Below is the note on the CERB Extension from 24 to 28 weeks by the Government of Canada:
Extra 4 weeks available – CERB extended from 24 weeks to 28 weeks for workers who:
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stopped working due to COVID-19 or
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are eligible for Employment Insurance regular or sickness benefits or
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have exhausted their Employment Insurance regular benefits or Employment Insurance fishing benefits between December 29, 2019, and October 3, 2020.
You view the complete story here.
What it all means is – all eligible Canadians can still apply for two more monthly CERB payments before the new EI program kicks in.
That’s it for this post. Enjoy and have a great weekend. Thanks for reading! Stay safe, please.
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Sagar Sridhar is a personal finance blogger from Canada. His genuine passion for personal finance coupled with his unique style of writing is what stands out. Professionally, he is a computer engineer, agile certified and has a master’s degree in Project Management. His writing has been featured or quoted in the leading Canadian publications such as Credit Canada and many other personal finance publications. While he is juggling between his day job and blogging, he is the main author on this blog and has miles to go before making the final pit stop.
