IATSE514 – News

Ottawa announces $9B in new COVID-19 funding for students

Dear member,

Justin Trudeau announced today the launch of the Canada Emergency Response Benefit for students. The benefit is available to post-secondary students and recent graduates. It promises to provide almost $9 billion in financial assistance to students who do not have access to the $2,000 a month Canada Emergency Response Benefit (CERB).

The benefit is available to those who are currently in school, who will be in school in September, or who have graduated after December 2019. Students who are employed but earning $1,000 or less per month can also receive it.

Payments will be retroactive to May 1st and will be made through the Canadian Revenue Agency.

In short:

  • From May to August, you will receive $1,250 per month. If you are caring for someone else or if you have a disability, you may receive $1,750 per month;
  • 76,000 jobs created for students, in addition to the Summer Jobs Program;
  • A bursary for volunteer work with critical organizations ranging from $1,000 to $5,000;
  • Scholarships for 2020-21 will be doubled;
  • $75 million to support First Nations, Inuit and Métis students;
  • Research: over $291 million to extend scholarships, bursaries and grants.

To read a complete article about these measures, click here.

With solidarity,
The IATSE 514 team

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