By Caitlin OstroffRead More
October 20, 2020
By Amrith RamkumarRead More
By Patricia KowsmannRead More
Canada
Canada Recovery Benefit
Canada Revenue Agency
Canadians who exhausted EI
Canadians who ran out of EI benefits
Carla Qualtrough
CERB
Coronavirus
COVID-19
CRA
CRB
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EI after CERB
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novel coronavirus pandemic
Recovery benefits
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Canadians who ran out of EI eligible for Canada Recovery
The Canada Revenue Agency (CRA) says it will update the wording of a question on its online application for the Canada Recovery Benefit (CRB).The decision comes after Global News indicated the phrasing was creating confusion for some jobless Canadians who have exhausted their Employment Insurance (EI) benefits. “People who currently cannot find a job because of COVID-19 and meet the requirements may claim the Canada Recovery Benefit (CRB). The CRB, similar to the EI program, requires that claimants are available and looking for work and they must accept work when it is reasonable to do so,” the CRA said Read More
Canadian home sales climbed 0.9% in September from August, raising them to a new all-time monthly record for the third month in a row, the Canadian Real Estate Association (CREA) said on Thursday.READ MORE: Thinking of selling your home? Understanding mortgage penalties could save you thousands The industry group said actual sales, not seasonally adjusted, rose 45.6% from a year earlier, while the group’s Home Price Index was up 10.3% from September last year and up 1.3% from August. “This is starting to sound like a broken record (about records being broken), but Canadian home sales and prices set records once again Read More
Money in a Roth IRA can be spent without pushing retirees into a higher Medicare premium bracket. Photo: Eve Edelheit for The Wall Street Journal By Neal Templin Oct. 15, 2020 6:00 am ET Here’s something most people nearing the age of 65 don’t know: Extra income in retirement—even as little as one penny—can mean much higher Medicare premiums. Medicare has six income brackets that determine premiums, and going just a penny over an annual income threshold can cost you hundreds of dollars in additional premium expenses for a year. “It’s a big surprise to a lot of people,” Read More
Canada
Coronavirus
coronavirus canada
coronavirus news
COVID-19
covid-19 canada
covid-19 news
Economy
Money
World Markets
2 in 5 Canadians say personal finances deteriorated amid coronavirus
A new report says COVID-19 has widened the gap between the haves and have-nots in Canada, amplifying the economic disparities that existed pre-pandemic.The affordability index by BDO Canada Ltd. found that while one in five Canadians say they are better off, nearly two in five say their personal finances deteriorated during the first wave. Read more: What to do if your mortgage deferrals are almost over and you can’t pay The index, based on polling data by the Angus Reid Group, found that those who are worse off are nearly four times more likely to say their debt Read More
By Amrith RamkumarRead More
Passengers packed a railway station in Wuhan as the Golden Week holiday ended on Thursday. Photo: Getty Images/Getty Images By Chong Koh PingRead More
Black widow
Box Office
Concessions
Consumer
Coronavirus
COVID-19
entertainment
Hollywood Studios
James Bond Movie
Money
Movie Theatres
Mulan
News
novel coronavirus pandemic
second wave
tenet
Wonder Woman 1984
World Markets
Will the 2nd coronavirus wave wipe away Canada’s movie theatres?
Recent headlines about movie theatres sound like they could have been ripped from the script of a horror movie.Cineplex stocks took a dive earlier this week after the launch of the new James Bond movie No Time to Die was postponed yet again because of the novel coronavirus health emergency. The North American release of the much-awaited 25th iteration of the Bond saga, which stars Daniel Craig, is now planned for April 2, 2021, a year after it was originally scheduled. READ MORE: Netflix Canada raising prices for standard, premium subscribers Superhero mega-movie Black Widow, with Scarlett Johansson, is now set Read More
