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Online survey: see what financial aid you are entitled to

Online survey: see what financial aid you are entitled to

PCMRE, PCTCC, and employment insurance… It’s easy to get lost in the myriad of options – and acronyms – for government financial aid. Fortunately, the Government of Canada has just created a file Online Tool Which allows you to quickly find the right shoe in just a few questions. We did the test.

On December 30, the federal government released an alpha version of a 6 to 8 questionnaire to determine which financial assistance programs you qualify for based on your situation.

Assistance programs exist for both Canadians who have lost their jobs due to COVID-19 and those who have lost part of their income or even those who have to take unpaid leave during their stay.

To test the tool, a file has been created 24 hours He puts himself in the shoes of three individuals with different economic statuses to compare different options.

If you are a part-time or full-time post-secondary student and have lost some of their income because your employer has reduced your hours due to COVID-19 and paying your rent is a concern, you qualify for these and options:

– Canada Containment Workers Benefit (PCTCC) – $300 per week (before tax);

– employment insurance, if you lose part of your income without being responsible for it;

More student financial aid for the 2021-2022 school year, such as up to $6,000 in scholarships for full-time students.

Government of Canada

If you are a worker who has lost income because you had to go into involuntary confinement after contracting COVID-19, you qualify for these two options:

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Canada Sickness Benefit for Economic Recovery (PCMRE), or $500 per week (before tax) for a maximum of 6 weeks;

Employment insurance, if you lose part of your income without being responsible for it.

If you are self-employed and lose a portion of your contracts due to the economic downturn, you qualify for these two options:

– Canadian Workers Containment Benefits (PCTCC) insofar as “your employment or self-employment has been cut short by public health containment measures related to COVID-19 and you are unable to work due to these restrictions”;

Employment insurance, if you lose part of your income without being responsible for it.

The above test is based on fake facts and results may vary from case to case. To get a clearer idea of ​​your options, we invite you to answer the questions here.