Two-thousand dollars a month.
That's what the federal government is offering (for up to four months) for workers who lost their jobs or income as a result of the COVID 19 pandemic.
The Canada Emergency Response Benefit would cover Canadians who have lost their job, are sick, quarantined, or taking care of someone who is sick with COVID-19, as well as working parents who must stay home without pay to care for children, who are sick or at home because of school and daycare closures.
It would apply to anyone who would not otherwise be eligible for Employment Insurance (EI).
If you're already receiving EI, you should not apply.
If you do apply for the CERD, the government says Canadians would begin to receive their payments within 10 days of application.
Finance Minister Bill Morneau says they are targeting April 6 for the delivery date.
Prime Minister Justin Trudeau made the announcement yesterday. (Above audio)
For more details, please click here.