Legislative Costing Note

The Fish Harvester Benefit and Fish Harvester Grant

Jun 4, 2020
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The Fish Harvester Benefit offers income support to self-employed fish harvesters and sharespersons. This benefit covers up to 75% of income losses beyond a 25% threshold in the 2020 tax year. The maximum benefit is $847 per week for a period of up to 12 weeks, equivalent to that of the Canada Emergency Wage Subsidy. The Fish Harvester Grant provides grants to self-employed fish harvesters in order to address non-deferrable business costs. The grant program provides non-repayable support of up to $10,000, dependent on the level of the fish harvesters’ historic revenue. The estimated net cost of the Fish Harvester Benefit is $271 million. The estimated cost of the Fish Harvester Grant is $90 million.