BC announced today that they are rolling out a Recovery Benefit for BC residents.
Please visit: https://www2.gov.bc.ca/gov/content/economic-recovery/recovery-benefit
Benefit rates
The amount you’re eligible for will be automatically calculated based on your income when you apply.
Families and single parents
- $1,000 for eligible families and single parents with a net income of up to $125,000
- Reduced benefit amount for eligible families and single parents with a net income of up to $175,000
The benefit defines a family as an individual and their spouse or common-law partner, unless they are separated. Both people must be residents of B.C.
The benefit defines a single parent as an individual who is the principal caregiver to at least one child.
Individuals
- $500 for eligible individuals with a net income of up to $62,500
- Reduced benefit amount for eligible individuals with a net income of up to $87,500
General eligibility criteria
Generally, the benefit is available to people:
- Residing in British Columbia on December 18, 2020
- Who are at least 19 years old on December 18, 2020, or meet specific eligibility criteria
- Who filed a 2019 Canadian personal income tax return, or meet specific eligibility criteria
- Who have a valid social insurance number, individual tax number or temporary tax number
If you receive a payment and we later determine that you’re not eligible for it, you will be required to repay it.
Note: If you’re applying for the family benefit, your spouse or common-law partner must also meet the general eligibility criteria.
Please visit the Government website for full information.