Spring Economic Statement: April 28, 2026
April 15, 2026: Ottawa, Ontario - Yesterday, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, announced that he will table the Spring Economic Update 2026 on Tuesday, April 28, 2026. In the Spring Economic Update 2026, the government will provide an update on its plan to build the strongest economy in the G7, and outline additional actions taken to drive prosperity, play to Canada’s strengths, and support Canadians where and when they need it most.Government Extends CRB and Other Pandemic Benefits
The federal government has extended pandemic support benefits, in the midst of a reopening of the economy; many believe in advance of a federal election announcement expected soon. However, the benefits have significant changes in them. This report provides an overview of the CRB, the Canada Recovery Benefit changes.
New CERB Reimbursement Form Introduced
In an unfortunate series of miscommunications, self-employed people were given inaccurate information about eligibility requirements for claiming CERB in 2020. Under heavy warnings to repay the benefits they may have received, many reached into their pre-Christmas cash flow to do just that. Now with new Form T183E, the money can be recovered again. Application processing began June 15 and applicants can expect reimbursement within 90 days.
CERB Refunds: Am I Owed Interest?
To address the self-employment gross vs. net issue, the Government of Canada registered the Canada Emergency Response Benefit and Employment Insurance Emergency Response Benefit Remission Order (“Remission Order”) on May 12, 2021. The Remission Order redresses the self-employed workers who did not qualify for CERB because of the gross vs. net issue by providing that a self-employed Canadian earning less than $5,000 in net income who received CERB, who otherwise would have qualified for CERB, need not return the CERB monies.
