By The Canadian Press

Applications available for federal emergency aid benefit

Apr 6, 2020 | 8:07 AM

OTTAWA – Applications open today for the new federal emergency aid benefit for Canadians who lost their income because of COVID-19.

The Canada Revenue Agency will open its application portals this morning to those born in the first three months of the year, with those born in other months able to apply later in the week.

The agency is trying to keep demand from overwhelming its online and telephone systems.

More than two million Canadians lost their jobs in the last half of March as businesses across the country were forced to close or reduce their operations to slow the spread of the novel coronavirus.

Others are unable to work because they are required to self-isolate at home, or need to look after children whose schools and daycares are closed.

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Finance Minister Bill Morneau anticipates the wage benefit will cost the government $24 billion.