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(Released April 21, 2020) Today, the Federal government finally provided details about the Canada Emergency Wage Subsidy. There have also been updates announced to some of the initiatives that have already taken effect. With that in mind, we wanted to provide the latest on the following economic response measures: Canada Emergency Wage Subsidy; Emergency Community
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(Released April 14, 2020) Update Eligibility Criteria for the Canada Emergency Wage Subsidy An eligible employer to receive the 75% CEWS benefit includes: • an individual; • a corporation (other than a tax-exempt corporation or public institution); • a registered charity (other than a public institution); • a person that is tax-exempt because of paragraph
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Purpose To the folks at the Department of Finance drafting the 10% Temporary Wage Subsidy (the “TWS”) legislation, 10% of remuneration paid retroactive to March 18, 2020 to June 19, 2020 (the “Subsidy Period”), up to $1,375/employee to a maximum of $25,000/employer, sounded straightforward. In reality, it left many employers confused more than anything. As
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(Released April 6, 2020) As we head into the second week of April, businesses, charities/NPOs and individuals will have access to several of the Federal government’s COVID-19 response initiatives. With that in mind, we wanted to provide an update on eligibility criteria, benefits, and logistics of the following measures: 10% Temporary Wage Subsidy; and Canada
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