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From CERB to EI – Could leave millions worse off with 482,000 who won’t transfer to anything else

  • More than 4 million Canadians will be affected when the Canadian Emergency Response Benefit (CERB) winds down on September 27.
  • 2.1 million CERB recipients will be eligible for CERB’s replacement, Canada’s revamped Employment Insurance (EI)—but 781,000 of them won’t be automatically ported to EI. They will have to manually apply and hope for success.
  • Almost a half million—482,000—CERB recipients won’t transfer to anything else and will stop receiving federal income supports all together.
  • On average, CERB recipients will receive $377 a week pre-tax from the various CERB replacement programs, including EI. By comparison, CERB has provided $500 a week, with no taxes withheld.
  • 2.7 million (or 74%) of CERB recipients will be worse off after CERB ends:
    • 1.6 million women on CERB will be worse off financially after the switchover, compared to 1.2 million men.
    • 605,000 CERB recipients in Toronto will be worse off financially after the switch along with 299,000 in Montreal and 260,000 in Vancouver.
    • 336,000 additional Canadians who didn’t qualify for CERB could gain support through EI after it restarts on September 27.
    • Detailed recommendations follow the analysis.

 

Chosen excerpts by Job Market Monitor. Read the whole story @ Transitioning from CERB to EI could leave millions worse off – Behind the Numbers

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