Recently, the CRA informed some CERB recipients that they had been paid too much and that they would now need to return the funds to the agency. Needless to say, this announcement shocked and worried Canadians across the country. It can be especially worrisome if you’re still just getting back to work and trying to gain back some control over your finances.
The good news is that it is possible to enter into a payment agreement with the CRA. When you receive your over-payment letter, a telephone number will be listed that you can call to discuss how you would like to repay the debt. It is a simple verbal agreement and the CRA agent will explain how to set up the bill payment on your online banking.
If you need more help to manage your debts and money, be sure to read Tools to help you smash your debt on the CEIRP website.