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Finance Minister Bill Morneau says imposing hard and fast rules about who can receive federal aid to weather the economic shock from COVID-19 was the only way to get the money out the door fast — even if some people fall through the cracks as a result.
Speaking to the House of Commons finance committee, Morneau said the government stuck with three criteria for the $2,000-a-month emergency benefit for individuals to speed up payments.
Those criteria were that a worker had to have earned at least $5,000 in the last year, had to see their income drop to zero as a result of COVID-19, and either hadn't worked — or don't expect to work — for 14 days in the initial four-week period.
With days to go before the benefit becomes available, some analyses suggest hundreds of thousands of workers won't be helped by the $24-billion benefit or a $71-billion wage subsidy program to help keep employees on company payrolls.
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