WAGE SUBSIDY $847 PER EMPLOYEE WEEKLY

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Canada Emergency Wage Subsidy (CEWS) 

  1. Applications for the CEWS will be accepted from on April 27
  2. Calculator for Employers – here
  3. CEWS provides a wage subsidy of 75% (that’s up to $847 per employee per week), to eligible employers, for up to 12 weeks, retroactive to March 15, 2020.

Eligible remuneration includes amount paid to an employee as salary, wages and other taxable benefits, fees and commissions. Severance pay and items such as stock options benefits or the personal use of corporate vehicle are not part of eligible remuneration.  More details

Eligible

  • individuals (including trusts)
  • taxable corporations
  • persons that are exempt from corporate tax (Part I of the Income Tax Act), other than public institutions:
  1. non-profit organizations
  2. agricultural organizations
  3. boards of trade
  4. chambers of commerce
  5. non-profit corporations for scientific research and experimental development
  6. labour organizations or societies
  7. benevolent or fraternal benefit societies or orders
  • registered charities
  • partnerships consisting of eligible employers

Not eligible: Public bodies would not be eligible for this subsidy. Public bodies include municipalities and local governments, Crown corporations, public universities, colleges, schools and hospitals.