Think you may need to repay CERB? Best to start planning now, experts say cp24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cp24.com Daily Mail and Mail on Sunday newspapers.
Think you may need to repay CERB? Best to start planning now, experts say
by Salmaan Farooqui, The Canadian Press
Posted Feb 16, 2021 10:00 am EDT
Last Updated Feb 16, 2021 at 10:14 am EDT
When 20-year-old Alex Coucopoulos got a letter from the government in December telling him he’d have to pay back $12,000 of pandemic aid, the stress was immediate.
“It was a really bad situation,” said Coucopoulos, who lives at home and immediately took $5,000 out of his savings to re-pay the Canada Emergency Response Benefit
“It was very stressful. Pretty much my entire income from my (new job) would have gone to paying the rest back.”
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