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Xoac Forget Bitcoin: 2 Top Gold and Silver Stocks to Buy Instead
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The Canadian government launched the Canada Emergency Response Benefit CERB to provide financial support to millions of Canadians impacted by the COVID-19 pandemic. The dreaded virus has led to a drastic spike in Canada s unemployment stanley mug rate that now stands at 13.7%, stanley drinking cup up from 6% in February.According to a CTV News report, the federal government has spent $43.5 million in CERB payouts. The Canada Revenue Ag stanley thermobecher ency CRA has disbursed this benefit to 8.4 million Canadians as of June 4.The CERB payout is $2,000 for a four-week period that can be extended up to 16 weeks. In order to be eligible for this payout, you need to be a Canadian resident above the age of 15. CERB applicants need to have earned at least $5,000 in 2019 or in the 12-months prior to the date of application. You also should have not quit your job voluntarily.Canadians need to be aware that the CERB is a taxable benefit. The CRA is not withholding any tax at disbursal. So, recipients need to calculate their tax rate based on |
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