(604) 676-1088
Email Address
LinkedIn
John Ong
  • HOME
  • ABOUT
    • ABOUT
    • Suppliers
    • Privacy Statement
  • Services
    • Retirement Planning
      • PREPARING FOR RETIREMENT
      • Insured Retirement Program
    • RETIREES
      • Retirement Planning & Transition
      • ESTATE PLANNING
    • FAMILIES
      • FINANCIAL PLANNING PROCESS
    • BUSINESS OWNERS
      • FINANCIAL PLANNING FOR BUSINESS OWNERS
      • Private Health Spending Plans for the Owner/Operator Business
      • Shared Ownership Critical Illness
      • BUSINESS CONTINUATION
      • BUSINESS SUCCESSION
      • EXECUTIVE BENEFITS
      • Corporate Insured Retirement Program
    • INSURANCE PLANNING
      • Disability Insurance
      • Critical Illness Insurance
      • LIFE INSURANCE
      • UNIVERSAL LIFE
      • WHOLE LIFE INSURANCE
      • FLEXCARE, ASSOCIATION, HEALTH AND DENTAL PLANS
      • Travel Insurance
      • CPP Life Insurance Application
  • RESOURCES
    • RESOURCES
  • BLOG
  • CONTACT

Canada Emergency Student Benefit: Students will be eligible for $1,250 a month from May through August

April 22, 20202020 Only, Blog, Coronavirus, Coronavirus - StudentsJohn Ong

Canada Emergency Student Benefit – $1,250/month from May through August or $1,750/month for those taking care of someone else or have a disability

Great news for students worried about financially making ends meet. Prime Minister Justin Trudeau announced the Canada Emergency Student Benefit which provides $1,250/month from May through August or $1,750/month for those taking care of someone else or have a disability.

“Right now you might be worried about how to make ends meet. You probably can’t work your normal job and that might be a big problem for rent or for groceries. So we’re bringing in the Canada Emergency Student Benefit (CESB) to help. With this benefit you’ll get $1,250 a month from May to August and if you take care of someone else or have a disability that amount will go up to $1,750 each month” – PM Justin Trudeau

On eligibility, the Prime Minister added:

“This benefit is designed for you. If you’re a post-secondary student right now. If you’re going to college in September or if you graduated in December 2019. It’s there for you even if you have a job but you’re only making up to $1,000 a month. The period for the benefit will start on May 1st and your payments will be delivered through the Canada Revenue Agency.”

Canada Student Service Grant – $1,000 to $5,000 to support students helping fight against COVID-19

For students looking to volunteer to help fight COVID-19, the Canada Student Service Grant provides $1,000 to $5,000:

“Of course the paying job isn’t the only valuable way to spend your summer. Volunteering can be a fantastic way to build skills, make contacts or just give back. If you are volunteering instead of working we’re going to make sure that you have support too. Students helping in the fight against COVID-19 this summer will soon be eligible for $1,000 to $5,000 depending on your hours through the new Canada Student Service Grant (CSSG). Your energy and your skills can do a lot of good right now” – PM Justin Trudeau

Details of these programs will be posted on the Government of Canada website. Keep checking their website for more details:

Check Government of Canada Website

Recent Posts

  • Extended COVID-19 Federal Emergency Benefits
  • Self-employed: Government of Canada addresses CERB repayments for some ineligible self-employed recipients
  • Government of Canada to allow up to $400 for home office expenses
  • Highlights of the 2020 Federal Fall Economic Statement | Additional $20,000 CEBA loan available now
  • Applications for the new Canada Emergency Rent Subsidy starts today!

Categories

  • – Annuities
  • – RRIF
  • 2020
  • 2020 Only
  • Accountants
  • Banking
  • Blog
  • Business Owners
  • Business Succession Planning
  • Charitable Gifting
  • Coronavirus
  • Coronavirus – Associates
  • Coronavirus – Practice Owners
  • Coronavirus – Retired
  • Coronavirus – Retiring
  • Coronavirus – Students
  • corporate
  • Corporate Insurance
  • Critical Illness Insurance
  • Debt
  • Debt Management
  • disability
  • Disability Income Replacement
  • Employee Benefits
  • Employee Benefits Program
  • Estate Planning
  • Featured Articles
  • Finance
  • Financial Planning
  • GIFs
  • Group Benefits
  • health benefits
  • Health Insurance
  • individuals
  • Investing
  • Life Insurance
  • Life Stages
  • Lifestyle
  • Lifestyle Tips
  • Lifestyle Tips
  • Living Benefits
  • Long Term Care
  • Mortgage Insurance
  • RDSP
  • Recent Blogs
  • Retirement
  • Retirement Planning
  • Retirement Planning
  • RRSP
  • RRSP
  • Segregated Funds
  • tax
  • Tax Planning
  • TFSA
  • Travel Insurance
  • Wealth Accumulation
  • Whole Life
  • Will Planning

Contact Us

Ong Financial Planning Services Ltd.
John Ong, CFP, CHS, CPCA, CCS
Financial Planner
Tel: (604) 676-1088
Email:

1275 West 6th Avenue 3rd floor
Vancouver, BC
V6H1A6

About

John has been providing financial planning advice for over 15 years. John is currently licensed as a life insurance agent, accident & sickness agent, mutual funds representative*, Financial Planner, Certified Health Insurance Specialist, and Certified Professional Consultant on Aging. He specializes in personal financial planning advice with an emphasis on risk management, estate & retirement planning.
© 2019 Financial Tech Tools