The new legislation provides the following:

• The Canada Recovery Caregiving Benefit (CRCB), which provides $500 per week for up to 26 weeks per household for workers unable to work for at least 50 per cent of the week because they must care for a child under the age of 12 or family member because schools, day-cares or care facilities are closed due to COVID-19, or because the child or family member is sick or required to quarantine or is at high risk of serious health implications because of COVID-19.
• The Canada Recovery Sickness Benefit (CRSB), which provides $500 per week for up to a maximum of two weeks, for workers who are unable to work for at least 50 per cent of the week because they contracted COVID-19, self-isolated for reasons related to COVID-19, or have underlying conditions, are undergoing treatments or have contracted other sicknesses that, in the opinion of a medical practitioner, nurse practitioner, person in authority, government or public health authority, would make them more susceptible to COVID-19.
• The Canada Recovery Benefit (CRB), which will provide eligible workers with $500 per week for up to 26 weeks for those who have stopped working and who are not eligible for EI, or had their employment/self-employment income reduced by at least 50 per cent due to COVID-19.

However, the three new COVID benefits will be subject to 10 per cent withholding tax at source, such that a $500 benefit is $450 net, tweeted Jamie Golombek, managing director of tax and estate planning at CIBC in Toronto.

....

Ngl, the 10% withholding tax is a good thing, because it will function a little more like income, and lessen the amount of tax owing in April, especially for people who have also claimed CERB/CESB, which had no tax withheld.

The CRB applications start Oct 12, but the first two (caregiver and sickness) applications are open now through CRA.

Tagging @allthecanadianpolitics