Wednesday, November 30, 2022

CRA CLAWING BACK $3.2BILLION IN SUSPECT COVID PAYMENTS

   OTTAWA – CRA is clawing back $3.2 billion in COVID-19 financial aid benefit overpayments, a staggering number that’s just the beginning of the agency’s monumental task of recouping billions in excessive or fraudulent payments through hastily designed emergency programs.
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   In a wide-ranging interview with National Post Tuesday, two top Canada Revenue Agency (CRA) officials, Frank Vermaeten and Marc Lemieux, said the organization has sent out 825,000 debt notes (or “notices of redetermination”) to Canadians it suspects received ineligible or excess payments from any number of the COVID-19 programs for individuals as of Nov. 18.
  But that number will only grow as CRA investigators look over millions of applications for half a dozen COVID-19 programs until at least 2025.

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