Federal government spending is expected to increase by more than 68 per cent in 2020-21.
Canada Emergency Response Benefit
At $38,000, the benefit it begins to get “clawed back” at a rate of 50 cents on the dollar.
There are an estimated 177,700 CERB-eligible spouses living in households with at least $100,000 in income.
Like CERB, the CESB makes many students better off than they were in 2019.
The CERB will now cost an estimated $73.1 billion.
The subsidy will be available for businesses that can show a 30 per cent decline in revenue.
For now, the new wage subsidy program will cost $71 billion.