EI payments are going to be a disaster. 1 million+ people making claims at the same time. They just don't have the staff to process those, not even close. Even before COVID it usually takes a 3-4 weeks for Service Canada to process a claim and for an applicant to start getting their payments. They've hired new EI workers from other gov departments, but they need to be trained, and then they'll have little experience especially with complex claims. Hopefully they can get up and going fast.
Meanwhile, it was impossible even before COVID to get through on the EI phone line to ask questions about your claim even before the crisis, they wouldn't even let you go on hold because there was so much volume on the phone lines. That was with record low unemployment. Now it's going to be a sh!t-show.
If people don't have money they can't make their mortgage payments, if people aren't making them then banks will have a sharp drop in revenue, putting the banks and the banking system at risk, flashback to 2008. Feds may have to bail them out (loans).