Thread by @ronmortgageguy

Endless CERB Stories

Look, let me get this out there first: CERB was absolutely required

ABSOLUTELY REQUIRED

Can't close a country down without CERB

Now that's out of the way

There is a TON of CERB foolishness going on

TONS

2/

And I say foolishness because it's so obvious it's likely all going to be picked up on by CRA eventually

In the last 5 business days we have looked at 2 different sets of bank statements with both CERB and normal pay deposits CERB appears in between the bi-weekly pays

3/

We convinced both to stop doing it but we're not sure how this is going to play out with lenders

One purchase, one refinance

Another one where its crystal clear he is just having his employer hold commissions while he collects CERB, he is working steadily, banking sales

4/

A self employed woman collecting CERB never stopped working (SEO/PPC contractor) just not invoicing for the last 3 months, call her an early adapter

Like I said CRA will definitely figure out the obvious ones not so sure of the others

I'm not even excited about it anymore