There’s no need to panic, Treasury Board President Jean-Yves Duclos clarified during a press conference on Wednesday. The second deposit is a retroactive payment, he said, and it will occur for many Canadians as thousands of payments and applications are processed by the Canada Revenue Agency this week.
“This is $2,000 per four weeks. So there are Canadians that received a retroactive payment dating from March 15, because that’s when the benefit can be applied,” he said.
“So from March 15 to April 11 is the first four week period, during which a $2,000 payment would have been made yesterday or perhaps today.”
He said the second payment people might see would apply to the following period, starting on April 11.
“But let’s be very clear, it’s $2,000 per month… Regardless of when that $2,000 is actually deposited in his or her bank account,” he cautioned.