Category: Uncategorized

Uncategorized

Canada Emergency Wage Subsidy (CEWS) tool introduced

On April 21, 2020, the federal government has released the Canada Emergency Wage Subsidy calculator to support employers as they prepare to apply for the CEWS. The CEWS calculator and other information can be found on the CRA’s Canada Emergency Wage Subsidy page. [https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-wage-subsidy.html]. The web page outlines who can apply for the subsidy, how […]

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Taxation, Uncategorized

Canada Emergency Wage Subsidy part III

Canada Emergency Wage Subsidy The Canada Emergency Wage Subsidy (“CEWS”) provides up to a 75-per-cent wage subsidy to eligible employers for up to 12 weeks, retroactive to March 15, 2020.? The parameters of the program are outlined below. Eligible Employers Eligible employers include: individuals taxable corporations partnerships consisting of eligible employers, non?profit organizations and registered […]

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Uncategorized

Canada Emergency Wage

On April 11, 2020 new legislation relating to the 75 per cent Canada Emergency Wage Subsidy (“CEWS” or “75% labour grant”) was introduced and passed by the House of Commons. In addition to the legislation, the government has also released a revised backgrounder which can be found at the following link: https://www.canada.ca/en/department-finance/news/2020/04/government-introduces-covid-19-emergency-response-act-no-2-to-help-businesses-keep-canadians-in-their-jobs.html The legislation is […]

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Uncategorized

Incentive Program to Retain Essential Workers (IPREW)

The Québec government has announced a new financial assistance program for individuals working essential jobs during the COVID-19 pandemic. The assistance amount will make up the difference between the Canada Emergency Response Benefit (CERB) and an eligible individual’s wages. Eligible workers can apply for the program online beginning on May 19. The program provides $100 […]

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