Yes, that's right. There is in fact no interaction effect, if you like, between the two. Payments that are made under the wage earner protection program are made for wages that are owed to the individual because of time worked or vacation pay that is owed or, as proposed in the budget, unpaid severance or termination pay. That sort of looks back retrospectively to money owed to the individual by the bankrupt employer.
There is no impact of receiving a payment under the wage earner protection program on an individual's eligibility for EI, either in terms of the level of payment or in terms of the timing of qualifying.