CANADA EMERGENCY RESPONSE BENEFITS

 The immediate response of Govt. for the self-employed business owners is the CERB or Canadian Emergency Response Benefits. It is also related to those who are most eligible for CERB and they have to prove that their legitimacy is high. This means their business is affected due to the effects of COVID-19 and Govt. of Canada wants them to get out of the situation with immediate effect. These reconciliations are in form of loans that can rise up to $40K and there are certain vital terms and conditions that stick to the loan being sanctioned. One of the most effective & sustainable ways to help medium and small sized businesses getting back to their footings. It’s indeed a huge step from the Govt.’s point of view and they have indeed proved that they are highly conscious regards to the current state of affairs.

          However, claiming the loan while you are not eligible for it or you are not at all affected by the adverse consequences of COVID-19 is indeed a crime. It’s a scenario that needs to be addressed by the investigating authorities who are vigilant enough to know the circumstances of the person i.e. business owner. The company provides all the necessary consultancy regards to the Govt. funded loans. MBE also makes sure what are the necessary documents required while checking the client’s eligibility criteria. In variable circumstances they can tell their clients/customers, that how & when the eligibility of a certain client is applicable. It’s the applicability that counts for effective and true results.