During the week of March 23, 2020, the Canadian and Quebec
governments announced a series of additional tax measures to
further strengthen the economy in the wake of the ongoing COVID-19
pandemic. A number of procedural announcements relating to
statutory deadlines and limitation periods have also been made by
the Canada Revenue Agency (CRA) and Quebec Revenue Agency (Revenu
Québec). A summary of these new measures is provided below.
Summaries of previously announced measures may be accessed here (Canada) and here (Quebec).
Federal
Taxation of the Canada Emergency Response Benefit (CERB)
The federal government announced the introduction of the CERB on
March 18, 2020. The CERB will provide a taxable benefit of $2,000 a
month for up to 4 months to support workers (including
self-employed individuals) who lose their income as a result of the
COVID-19 pandemic. Following conflicting reports in this regard,
the government confirmed on March 27, 2020 that the CERB will
