Canada Recovery Benefits Act

Marginal note:Amount of payment

• 8 (1) Subject to subsection (2), the amount of a Canada recovery benefit for a week is

  • (a) in respect of a person who applies or has applied under section 4 for any two-week period beginning before July 18, 2021, $500 for a maximum of 42 weeks and $300 for every subsequent week; and

  • (b) in respect of a person who has never applied under section 4 for any two-week period beginning before July 18, 2021, $300 for a week beginning on or after that date.

• Marginal note:Exception

  (1.1) Despite subsection (1), if a person referred to in paragraph (1)(b) subsequently applies under section 4 for any two-week period beginning before July 18, 2021, the person is deemed to be a person referred to in paragraph (1)(a) except for every two-week period for which the person was paid $300 for each week.

• Marginal note:Repayment

  (2) If a person who has received a Canada recovery benefit or the benefit referred to in section 9.1 has income of more than $38,000 for 2020 or for 2021, the person must repay an amount equal to 50 cents for every dollar of income earned in that year above $38,000 of income, up to the total amount of those benefits received by them in the year, which total amount is calculated without taking into account any erroneous payment or overpayment, and that amount constitutes a debt due to Her Majesty and the debt is payable and may be recovered by the Minister as of the balance-due day, as defined in subsection 248(1) of the Income Tax Act, for the year.

• Marginal note:Definition of income

  (3) In subsection (2), income, in respect of a person, means the amount that would be their income for 2020 or for 2021, determined under Part I of the Income Tax Act if no amount were

  • (a) included in respect of amounts paid as benefits under this Part;

  • (b) deductible under paragraphs 20(1)(ww) and 60(v.1), (v.2), (w), (y) and (z) of that Act;

  • (c) included in respect of a gain from a disposition of property to which section 79 of that Act applies; or

  • (d) included under paragraph 56(1)(q.1) or subsection 56(6) of that Act.

• Marginal note:Application of Income Tax Act provisions

  (4) Sections 150, 150.1, 151, 152, 158 to 160.1, 161 and 161.3 to 167, Division J of Part I and sections 220 to 226, subsection 227(10), sections 239, 243 and 244 and subsections 248(7) and (11) of the Income Tax Act apply to subsection (2) with any modifications that the circumstances require, except that, in the application of those provisions,

  • (a) “Act” is to be read as “subsection 8(2) of the Canada Recovery Benefits Act”;

  • (b) “taxpayer” is to be read as “person”;

  • (c) “tax” and “taxes” are to be read as “amount to be repaid under subsection 8(2) of the Canada Recovery Benefits Act”; and

  • (d) “under this Part” is to be read as “under subsection 8(2) of the Canada Recovery Benefits Act”.