CRA CERB Extension Sets Maximum at $12,000: Now What

published 30.07.2020 19:07

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A silver lining in the current pandemic crisis is that some of Canada’s top dividend stocks now trade at cheap prices and offer very attractive yields.

One way to build a reliable income stream that can be tapped during difficult times involves using the Tax-Free Savings Account (TFSA) to own top Canadian dividend stocks.

In addition, applicants making their first CERB claim cannot earn more than $1,000 in income for 14 or more consecutive days within the four-week CERB benefit period.

The Canada Revenue Agency (CRA) recently extended the Canada Emergency Response Benefit (CERB) from 16 weeks to 24 weeks for eligible applicants.

The Motley Fool Canada » Bank Stocks » CRA CERB Extension Sets Maximum at $12,000: Now What?

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