The Canada Revenue Agency will open its application portals this morning to those born in the first three months of the year, with those born in other months able to apply later in the week.
More than two million Canadians lost their jobs in the last half of March as businesses across the country were forced to close or reduce their operations to slow the spread of the novel coronavirus. Others are unable to work because they are required to self-isolate at home, or need to look after children whose schools and daycares are closed.
Finance Minister Bill Morneau anticipates the wage benefit will cost the government $24 billion. People born in April, May and June can apply Tuesday, those born in July, August or September can apply Wednesday and applications are accepted Thursday from people born in October, November and December. Friday, Saturday and Sunday will be open to anyone.
Prime Minister Justin Trudeau said Sunday Canadians who sign up for direct deposit could get their first payment before the end of the week. It's anticipated direct deposit applicants will get money within three to five days, while those who opt for printed cheques will get money in 10 days.
To be eligible for the emergency benefit, workers must have earned at least $5,000 in 2019, or in the 12 months before applying. The benefit is the same for everyone regardless of previous income, and is a less complicated application process than for employment insurance.
--with files from CTV News--