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CERB recipients should 'try not to get too scared' at tax time, accountant says


 
OTTAWA
With tax season just around the corner, a reminder for anyone who collected the Canada Emergency Response Benefit (CERB) in 2020, the federal government s program to help those who lost their jobs during the pandemic wasn t tax free.
Financial experts recommend that if you have not set money aside for taxes after receiving the CERB, you probably should now.
Lauren Wilson works in a daycare, which closed during the province-wide lockdown last spring. With bills to pay, she turned to CERB for three months.
It was challenging in terms of creating a budget, and just making sure that we could afford some of the losses that we were taking off of my paycheque; but, we were actually in a pretty good spot with the CERB, said Wilson. ....

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