Applications for the B.C. Recovery Benefit are set to begin soon, says the province.
On Tuesday, the B.C. government introduced legislation to secure funding for approximately 3.7 million British Columbians to receive the tax-free B.C. Recovery Benefit.
Passage of the bill will ensure British Columbians can apply for the benefit starting Dec. 18:
* $1,000 for families with incomes under $125,000. Families earning up to $175,000 will qualify for a reduced benefit amount. Single-parent families also qualify for these benefit amounts.
* $500 for single people earning less than $62,500. Single people earning up to $87,500 will qualify for a reduced benefit amount.
"As 2020 draws to a close, we look back on a year like no other. British Columbians came together to face the challenge of COVID-19 with resilience and strength, but the road to recovery is still ahead of us," said Premier John Horgan in a statement. "We have worked hard to get the B.C. Recovery Benefit to people as soon as possible. We are united with the millions of people and families who are wrapping up a difficult year and look forward to a new year with hope and the promise of a continued recovery."
British Columbians receiving income assistance and disability assistance will be eligible for the B.C. Recovery Benefit. As well, people on income assistance, disability assistance and low-income seniors receiving the senior's supplement will receive an additional recovery benefit at $150 per month from January 2021 to March 2021.