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CESB - EVERYTHING you NEED to know BEFORE and AFTER you apply | Int. Students, Repayment & Taxes

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Автор: The Fire Grind

Загружено: 2020-05-14

Просмотров: 6108

Описание: Justin Trudeau confirmed that CESB (Canada Emergency Student Benefit) applications will open on May 15th for post-secondary students and graduating highschool students. CESB is not available for international students at this moment. Students can apply to CESB through the phone or on the CRA website starting at 6am EST on May 15th.

CESB is the equivalent of CERB for students. As students are looking for internships or summer jobs, they have noticed that their prospects have been impacted greatly due to the current pandemic. As a result, the government of Canada created CESB specifically for students, giving them $1250/period to help with daily living expenses.

Previous CESB video:    • Canada Emergency Student Benefit CESB Expl...  

Timestamps:
2:20 - Who is eligible?
5:35 - How much money do I get?
5:48 - Winner of Previous Giveaway
6:05 - When can I apply?
7:18 - What happens if I miss applying for a period?
7:38 - Where do I apply?
7: 47 - What do I need to provide in order to apply?
8:37 - What do I need to do after I apply?
9:45 - Is CESB taxable? How will it be taxed?
10:25 - Cases where you will need to repay CESB and how to repay

CRA CESB webpage:
https://www.canada.ca/en/revenue-agen...

Educational Institution Eligibility:
https://www.canada.ca/en/revenue-agen...

Definition of "unable to work":
https://www.canada.ca/en/employment-s...

Canada Job Bank:
https://www.jobbank.gc.ca/findajob/re...

Phone number to call to apply:
1-800-959-2019 or 1-800-959-2041

Further Questions? Call this number between 9am-9pm on weekdays:
1-833-966-2099

#cesb
#canadaemergencystudentbenefit
#cesbinternationalstudent

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I post my portfolio along with the most recent moves I make

I am a big believer in stock market investing as one of the main ways to achieve Financial Independence. If you are too, I would love for you to join me on this journey as I track my progress towards Financial Independence. The day that I can reach that goal will be the day I Retire Early and do the jobs in life the I love without caring about the paycheque. I hope to build a community of like-minded individuals who want to reach financial independence while living a reasonable life because what good is money if you die early from only eating instant noodles (for the record, I love instant noodles)!

Note that this is NOT professional financial advice but rather documenting what I have learned over the years I have been investing. I want to share my journey with you to inspire you to take a hold of your finances and not fall victim to debt.

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CESB - EVERYTHING you NEED to know BEFORE and AFTER you apply | Int. Students, Repayment & Taxes

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