Extension of COVID-19 benefits and business supports

Extension of COVID-19 benefits and business supports

The Government of Canada is continuing to improve the financial security of Canadians to deliver support to those who need it, heal the wounds of the pandemic recession, and build a strong recovery that leaves no one behind.

To this end, the Federal Government will extend crucial COVID-19 support measures for Canadians and Canadian businesses in recognition that uneven economic reopening across regions and sectors means workers and businesses continue to need support. These extensions include:

  • Extending the eligibility period for the Canada Emergency Wage Subsidy, the Canada Emergency Rent Subsidy and Lockdown Support until October 23, 2021, and increasing the rate of support employers and organizations can receive during the period between August 29 and September 25, 2021.
  • Extending the Canada Recovery Benefit (CRB), the Canada Recovery Caregiving Benefit (CRCB), and the Canada Recovery Sickness Benefit (CRSB) until October 23, 2021.
  • Increasing the maximum number of weeks available for the CRB, by an additional 4 weeks, to a total of 54 weeks, at a rate of $300 per week, and ensuring it is available to those who have exhausted their employment insurance (EI) benefits.

As our recovery gets underway, workers and businesses in certain regions and sectors continue to need support. In the April federal budget, the government recognized that the economic and public health situation remained uncertain and made sure it had the flexibility to extend supports further into the fall as the public health situation warranted. By moving forward on these extensions, the government is ensuring that businesses – including those in hard-hit sectors like tourism, hospitality, arts, and entertainment – can continue to get the support they need so they can invest in their recovery and long-term prosperity.

In addition, the government is proposing to offer businesses greater flexibility when calculating the revenue decline used to determine eligibility for the wage and rent subsidy programs and the new Canada Recovery Hiring Program.

back to articles Back to articles