Federal money to flow to affected workers in 10 days

CKTB - NEWS - Justin Trudeau March 19 COVID-19

The federal government is repackaging two previously promised benefits for Canadians whose working lives are disrupted by COVID-19.

Instead, the Liberals say there will now be one benefit to provide 16 weeks of payments to workers whose income drops to zero because of the pandemic, including if they have been furloughed by their employers but technically still have jobs.

Canadians will receive two thousand dollars a month, once they have applied for the credit. Trudeau says he expects the money to flow in 10 days.

Speaking in the Senate, Finance Minister Bill Morneau is telling senators that the move should help get money to affected workers faster than under the previously announced model.

When the Liberals unveiled their response package, they proposed two benefits, one to flow through the employment insurance system and another for those who don't qualify for EI benefits, such as being self-employed workers.

Morneau says the new, combined benefit should be simpler to administer and get to workers with a target delivery date of April 6.

The House of Commons approved the stimulus package in the early hours of Wednesday and the Senate is expected to approve the bill by this afternoon.