There is always contingency planning that is sustainable for the future. Simultaneously, there can be fruitful impacts on an individual’s or a firm’s situation. Similarly, there should be an action plan when CERB or EI runs out. Hence, there is a question mark hanging in front of you. Finally, as an individual, you will have to decide what needs doing to encounter your financial barriers. In addition to this acting fast in terms of the recovery process.
Being part of good luck in times of extreme situations in COVID-19 and its adverse effects. Fortunately for many business owners goodness, the CERB period has been extended from 16 to 24 weeks. This is not only a good recovery opportunity in contingency planning. Hence, but is also an added advantage for the beneficiaries of the scheme. Lastly, the thing is that it has to run out someday. Significantly, as it is applicable for those only who qualify for the EI i.e. employment insurance in times of Pandemic.
Courtesy: MBE Blog
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