Battling Job Losses in Times of COVID

Battling Job Losses in Times of COVID

In response to COVID-19, a number of countries have established job retention schemes to preserve as many existing jobs as possible or expanded unemployment insurance to compensate those who lost their jobs. Canada in particular employed both approaches, by establishing the Canada Emergency Wage Subsidy (CEWS) scheme and the Canada Emergency Response Benefit (CERB) paying $2,000 a month to laid-off workers.