CEWS (75 percent wage subsidy) available Monday, April 27, 2020
Summary
On Tuesday, April 21, 2020, the federal government announced in their daily press briefing that businesses will be able to apply for the Canada Emergency Wage Subsidy (CEWS) starting Monday, April 27, 2020. As a Canadian employer whose business has been affected by COVID-19, you may be eligible for a subsidy of 75 percent of employee wages for up to 12 weeks, retroactive from March 15, 2020, to June 6, 2020. This wage subsidy will enable you to re-hire workers previously laid off as a result of COVID-19, help prevent further job losses, and better position you to resume normal operations following the crisis. In addition, available now, businesses have access to a tool to find out how much their wage subsidy may be. As stated previously, and as outlined on the government website, beginning April 27, applications will be open for the Canada Emergency Wage Subsidy.
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