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Ontario man 'blown away' after CRA tells him he owes over $38K in CERB payments

Ontario man 'blown away' after CRA tells him he owes over $38K in CERB payments

CTV
Thursday, February 22, 2024 11:55:54 AM UTC

An Ontario man is 'blown away' that he has to pay back the $38,600 he received in Canada Emergency Response Benefits, years after the Canada Revenue Agency approved him for it.

An Ontario man says he is "blown away" that he has to pay back the $38,600 he received in Canada Emergency Response Benefits, years after the Canada Revenue Agency approved him for it.

"I don't understand why they are clawing it back, I really don't," said Terrance Bailey of Etobicoke.

Bailey said he worked as an auto consultant when the pandemic happened, which virtually shut down car dealerships nationwide. That's when he decided to apply for CERB.

"I thought, 'I'm going to apply for it.' Why not? I've paid my taxes over the years and I thought if it's available to me, I will take it," said Bailey.

Bailey was approved for CERB and received monthly payments from April 2020 to October 2021.

"When I applied for it and received the CERB, I was under the assumption everything was fine, and I was accepted in good faith," said Bailey.

But Bailey was shocked to get a notice from the CRA last April that said a review found he did not qualify for the benefits and that he must repay $38,600 to them.

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